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Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
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Idaho DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%

Rental property financing for Idaho investors qualified on property cash flow — not personal income, W-2s, or tax returns. Serving Boise, Meridian, Nampa, Idaho Falls and the rest of Idaho. If the property cash-flows at 1.2× the mortgage, you may qualify.

  • 1.2 DSCR minimum
  • 680+ FICO
  • Refi from 6.25%
  • 21–30 day close

Can I get a DSCR rental loan in Idaho?

Yes. DSCR loans in Idaho qualify investors based on property cash flow with a 1.2 DSCR minimum, 680+ FICO, and 20–25% down. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Refi rates start at 6.25%.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated May 2026.

Idaho Rental Market Snapshot

State-level data DSCR underwriters use to size Idaho rental deals.

Median Home Price
$425K
Statewide single-family
Gross Rental Yield
4.5–6.5%
Annual rent / price
Eviction Timeline
21–35 days
landlord-friendly
Rate Adjustment
neutral
vs national baseline

Idaho — and especially the Boise-Meridian-Nampa Treasure Valley — is one of the fastest-growing DSCR markets in the Mountain West. Out-of-state in-migration pushed prices up sharply in 2020–2022; the market has since cooled but rents continue to grow. Eastern Idaho (Idaho Falls, Pocatello) offers higher cap rates with thinner deal flow.

Major Idaho Markets We Fund

Active DSCR deal flow across Idaho's core rental markets. Same requirements — 1.2 DSCR, 680+ FICO, 20–25% down — apply statewide.

MetroMedian PriceGross YieldDSCR Investor Notes
Boise$465K4.5–5.5%Largest ID market — tech in-migration, premium LTR pricing, thinner cap rates
Meridian$495K4.5–5.5%Suburban Boise growth corridor, family LTR demand
Nampa$385K5.0–6.0%Lower entry alternative in Treasure Valley, working-class LTR base
Idaho Falls$305K6.0–7.5%Eastern ID — INL national lab employment, higher cap rates
Idaho investor note:Idaho has no statewide rent control and a fast non-judicial foreclosure process. Boise MSA experienced one of the fastest price runs in the country 2020–2022 and has since stabilized.

Idaho Eviction Timeline & Landlord Posture

How Idaho courts handle non-payment evictions — material to DSCR loss-severity assumptions.

Posture
landlord-friendly
Typical Timeline
21–35 days
Rent Control
None / preempted

Idaho Code § 6-303 allows a 3-day notice for non-payment. Magistrate court hearings typically resolve within 12 days of filing. Among the fastest landlord-remedy states in the West.

Idaho Rate Adjustment vs National Baseline

neutralover national baseline pricing

Mid-sized MSA pricing tracks conventional non-QM curves; non-judicial foreclosure and short eviction timelines reduce lender loss severity.

Final pricing depends on FICO, LTV, DSCR, property type, and program. Baseline national DSCR refi rates start at 6.25% as of May 2026.

DSCR Lenders Active in Idaho

The non-bank DSCR programs we see most frequently funding Idaho rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.

  • Kiavi
  • Visio Lending
  • Lima One
  • Velocity Mortgage Capital
  • CoreVest

PeerSense is independent — not a lender. Lenders listed are programs we have funded Idaho deals through; specific terms vary by file.

Idaho DSCR Loan Requirements

RequirementMinimumNotes
DSCR1.201.00+ allowed with 740 FICO or 30% down
Credit Score680 FICO640–679 by exception, lower LTV
Down Payment20–25%25% if <1.2 DSCR or <700 FICO
Property Type1–4 units or multifamilyCondos, townhomes, STRs OK where legal
Income DocsNoneNo tax returns, W-2s, DTI check
Reserves6 months PITIAChecking, savings, stocks qualify
Close Time21–30 daysCash-out refi: 14–21 days

Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.

Get Idaho DSCR Loan Terms

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