Oregon DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 5.80%
Rental property financing for Oregon investors qualified on property cash flow, not personal income, W 2s, or tax returns. Serving Portland, Salem, Eugene, Bend and the rest of Oregon. If the property cash flows at 1.2× the mortgage, you may qualify.
- 1.2 DSCR minimum
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- Credit is lender underwriting
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- Best tier from 5.80%
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- 21 to 30 day close
Indicative as of October 1, 2026. Not a quote. Lenders set final pricing at underwriting.
Can I get a DSCR rental loan in Oregon?
Yes. DSCR loans in Oregon 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 to 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 October 1, 2026.
Indicative only, as of October 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 sources the file. The lender sets pricing. What these terms mean.
Oregon Rental Market Snapshot
State level data DSCR underwriters use to size Oregon rental deals.
Oregon is a tightly regulated DSCR market with statewide rent control via SB 608. Portland LTR yields run 4 to 5%; Bend offers a strong STR market with seasonal demand from Mt. Bachelor. Eugene anchors a stable student/healthcare LTR base around U of O. Salem's state government and Willamette Valley agriculture employment produce mid cap rate dynamics.
Major Oregon Markets We Serve
Active DSCR deal flow across Oregon's core rental markets. Same DSCR math statewide. Credit and equity injection are lender underwriting.
| Metro | Median Price | Gross Yield | DSCR Investor Notes |
|---|---|---|---|
| Portland | $545K | 4.0 to 5.0% | Largest OR market, SB 608 cap, FAANG remote work in migration, deep LTR |
| Salem | $425K | 5.0 to 6.5% | State capital employment, mid cap rate alternative to Portland |
| Eugene | $465K | 5.0 to 6.0% | U of O student housing, premium LTR pricing |
| Bend | $595K | 3.5 to 5.5% | Premium STR market, Mt. Bachelor seasonal nightly rate demand |
Oregon Eviction Timeline & Landlord Posture
How Oregon courts handle non payment evictions, material to DSCR loss severity assumptions.
Oregon requires a 10 day notice for non payment under SB 608. Multnomah County (Portland) FED Court typically schedules hearings 21 to 30 days after filing; appeals and mediation referrals push timelines further.
Oregon Rate Adjustment vs National Baseline
Statewide rent cap (SB 608), tenant friendly courts, and judicial foreclosure modestly increase lender loss severity assumptions.
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 October 1, 2026.
DSCR Lenders Active in Oregon
The non bank DSCR programs we see most frequently funding Oregon rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.
- Visio Lending
- CoreVest
- LendingOne
- Kiavi
PeerSense sources capital through a curated network of commercial lenders and capital sources. Lenders listed are programs we have funded Oregon deals through; specific terms vary by file.
Oregon DSCR Loan Requirements
| Requirement | Minimum | Notes |
|---|---|---|
| DSCR | 1.20 | 1.00+ exists on specialty programs. Credit and equity are lender underwriting. |
| Credit | Lender underwriting | PeerSense does not set a FICO floor. Capture the score on the form. |
| Equity | Lender underwriting | Purchase DSCR is commonly structured around 65 to 75% LTV. PeerSense does not set a typical down. |
| Property Type | 1 to 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 to 30 days | Cash out refi: 14 to 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 October 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 sources the file. The lender sets pricing. What these terms mean.
Get Oregon DSCR Loan Terms
DSCR Rental: The desk will reach out. No obligation.
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
- 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