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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, 2026✦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, 2026
Rates

Montana DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 5.80%

Rental property financing for Montana investors qualified on property cash flow, not personal income, W-2s, or tax returns. Serving Billings, Missoula, Great Falls, Bozeman and the rest of Montana. If the property cash-flows at 1.2× the mortgage, you may qualify.

  • 1.2 DSCR minimum
  • Credit is lender underwriting
  • Best-tier from 5.80%
  • 21–30 day close

Indicative as of August 1, 2026. Not a quote. Lenders set final pricing at underwriting.

See If You QualifyCalculate Your DSCR

Can I get a DSCR rental loan in Montana?

Yes. DSCR loans in Montana qualify investors based on property cash flow with a 1.2 DSCR minimum. Credit and equity injection are lender underwriting. PeerSense does not set a FICO floor. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Governed best-tier floor 5.80% from rate-floors.json.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated August 1, 2026.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Montana Rental Market Snapshot

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

Median Home Price
$435K
Statewide single-family
Gross Rental Yield
4.5–7.0%
Annual rent / price
Eviction Timeline
30–45 days
landlord-friendly
Rate Adjustment
+0.125%
vs national baseline

Montana's DSCR market is anchored by Billings (industrial/medical) at the high cap rate end and Bozeman (Yellowstone Club + MSU) at the premium-pricing end. Missoula and Great Falls offer middle-ground LTR demand. Mountain-resort STR (Whitefish, Big Sky) produces strong DSCR with seasonal vacancy modeling required.

Major Montana Markets We Serve

Active DSCR deal flow across Montana's core rental markets. Same DSCR math statewide. Credit and equity injection are lender underwriting.

MetroMedian PriceGross YieldDSCR Investor Notes
Billings$335K6.0–7.5%Largest MT market, energy/medical employment, BRRRR-friendly stock
Missoula$425K5.0–6.0%University of Montana + healthcare, premium LTR pricing
Great Falls$265K7.0–8.5%Malmstrom AFB military demand, lowest entry price in major MT metros
Bozeman$695K3.5–5.0%MSU + Yellowstone gateway, premium pricing, thinner LTR yields, strong STR
Montana investor note:Montana has no statewide rent control. Bozeman experienced one of the fastest price runs in the country 2020–2023 driven by remote-work in-migration; the market has since stabilized.

Montana Eviction Timeline & Landlord Posture

How Montana courts handle non-payment evictions, material to DSCR loss-severity assumptions.

Posture
landlord-friendly
Typical Timeline
30–45 days
Rent Control
None / preempted

Montana requires a 3-day notice for non-payment. District court eviction hearings typically resolve within 14–21 days of filing.

Montana Rate Adjustment vs National Baseline

+0.125%over national baseline pricing

Smaller, less-liquid market means modest lender premium; mountain-resort markets price additional STR volatility.

Final pricing depends on DSCR, LTV, property type, and program. Credit is lender underwriting. Governed best-tier floor 5.80% from rate-floors.json as of August 1, 2026.

DSCR Lenders Active in Montana

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

  • Kiavi
  • Visio Lending
  • Lima One

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

Montana DSCR Loan Requirements

RequirementMinimumNotes
DSCR1.201.00+ exists on specialty programs. Credit and equity are lender underwriting.
CreditLender underwritingPeerSense does not set a FICO floor. Capture the score on the form.
EquityLender underwritingPurchase DSCR is commonly structured around 65 to 75% LTV. PeerSense does not set a typical down.
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.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Get Montana DSCR Loan Terms

DSCR Rental: Response within 24–48 hours. No obligation.

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