Maryland DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%
Rental property financing for Maryland investors qualified on property cash flow — not personal income, W-2s, or tax returns. Serving Baltimore, Frederick, Rockville, Gaithersburg and the rest of Maryland. If the property cash-flows at 1.2× the mortgage, you may qualify.
- 1.2 DSCR minimum
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- 680+ FICO
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- Refi from 6.25%
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- 21–30 day close
Can I get a DSCR rental loan in Maryland?
Yes. DSCR loans in Maryland 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.
Maryland Rental Market Snapshot
State-level data DSCR underwriters use to size Maryland rental deals.
Maryland is a yield-dispersed DSCR market. Baltimore City row houses produce 10%+ gross yields with deep BRRRR inventory but slow eviction courts. Montgomery and PG Counties anchor premium DC-commuter LTR with new rent caps that affect underwriting. Frederick and Howard offer middle-ground cap rates with strong schools and growing demand.
Major Maryland Markets We Fund
Active DSCR deal flow across Maryland's core rental markets. Same requirements — 1.2 DSCR, 680+ FICO, 20–25% down — apply statewide.
| Metro | Median Price | Gross Yield | DSCR Investor Notes |
|---|---|---|---|
| Baltimore | $215K | 7.5–10.5% | Largest MD market — wide yield range by neighborhood, deep row-house inventory |
| Frederick | $445K | 5.0–6.0% | Premium NW commuter market, strong schools, growing in-migration |
| Rockville | $605K | 4.0–5.0% | Montgomery County — new 6% rent cap, jumbo LTR pricing |
| Gaithersburg | $525K | 4.0–5.0% | Montgomery County — biotech employment, family LTR demand |
Maryland Eviction Timeline & Landlord Posture
How Maryland courts handle non-payment evictions — material to DSCR loss-severity assumptions.
Maryland requires a 10-day notice for non-payment. Failure-to-pay-rent process in district courts is among the most-used eviction filings in the country, but Baltimore City calendar delays push timelines past 60 days.
Maryland Rate Adjustment vs National Baseline
Montgomery/PG rent caps and Baltimore court calendar friction modestly increase lender loss severity assumptions.
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 Maryland
The non-bank DSCR programs we see most frequently funding Maryland rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.
- Velocity Mortgage Capital
- CoreVest
- LendingOne
- Visio Lending
- Kiavi
PeerSense is independent — not a lender. Lenders listed are programs we have funded Maryland deals through; specific terms vary by file.
Maryland DSCR Loan Requirements
| Requirement | Minimum | Notes |
|---|---|---|
| DSCR | 1.20 | 1.00+ allowed with 740 FICO or 30% down |
| Credit Score | 680 FICO | 640–679 by exception, lower LTV |
| Down Payment | 20–25% | 25% if <1.2 DSCR or <700 FICO |
| Property Type | 1–4 units or multifamily | Condos, townhomes, STRs OK where legal |
| Income Docs | None | No tax returns, W-2s, DTI check |
| Reserves | 6 months PITIA | Checking, savings, stocks qualify |
| Close Time | 21–30 days | Cash-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 Maryland DSCR Loan Terms
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Related DSCR Resources
- DSCR Loans Hub — Programs & Rates
- DSCR Rental Loans — Full Program Guide
- DSCR for Airbnb / Short-Term Rentals
- DSCR Cash-Out Refinance
- DSCR Jumbo Loans ($1M+)
- DSCR for LLCs / Entity Title
- Best DSCR Lenders 2026
- DSCR Loans — Complete Guide
- DSCR Calculator — Test Your Property
- Fix & Flip Loans — Bridge to DSCR Exit
- Bridge Loans — Short-Term Rental Acquisition
- DSCR vs Conventional Mortgage