Pennsylvania DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%
Rental property financing for Pennsylvania investors qualified on property cash flow, not personal income, W-2s, or tax returns. Serving Philadelphia, Pittsburgh, Allentown, Harrisburg and the rest of Pennsylvania. 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 Pennsylvania?
Yes. DSCR loans in Pennsylvania 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 July 1, 2026.
Pennsylvania Rental Market Snapshot
State-level data DSCR underwriters use to size Pennsylvania rental deals.
Pennsylvania is one of the deepest dual-market DSCR states. Philadelphia row-house stock produces some of the highest gross yields in any major US metro (9–11% on stabilized properties) with eviction-diversion friction. Pittsburgh anchors steady eds/meds LTR demand at 7–9% yields. Allentown-Bethlehem-Easton (Lehigh Valley) has Amazon/warehouse employment momentum and growing in-migration from NJ/NY.
Major Pennsylvania Markets We Serve
Active DSCR deal flow across Pennsylvania's core rental markets. Same requirements (1.2 DSCR, 680+ FICO, 20–25% down) apply statewide.
| Metro | Median Price | Gross Yield | DSCR Investor Notes |
|---|---|---|---|
| Philadelphia | $235K | 7.0–10.0% | Largest PA market, wide yield range by neighborhood, Eviction Diversion Program friction |
| Pittsburgh | $215K | 7.5–10.0% | Eds/meds employment, deep BRRRR inventory, faster court calendar than Philly |
| Allentown | $305K | 6.5–8.0% | Lehigh Valley, Amazon/warehouse employment, NJ/NY in-migration |
| Harrisburg | $245K | 7.0–8.5% | State capital employment, central PA hub, growing LTR demand |
Pennsylvania Eviction Timeline & Landlord Posture
How Pennsylvania courts handle non-payment evictions, material to DSCR loss-severity assumptions.
Pennsylvania requires a 10-day notice for non-payment (15-day under Philadelphia Eviction Diversion Program). Magisterial District Judge hearings are typically scheduled 7–10 days after filing in non-Philadelphia counties.
Pennsylvania Rate Adjustment vs National Baseline
Philadelphia court calendar friction is offset by sub-jumbo loan sizes and rent-control preemption; Pittsburgh and rest-of-state price on national curves.
Final pricing depends on FICO, LTV, DSCR, property type, and program. Baseline national DSCR refi rates start at 6.25% as of July 1, 2026.
DSCR Lenders Active in Pennsylvania
The non-bank DSCR programs we see most frequently funding Pennsylvania rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.
- Kiavi
- Visio Lending
- Lima One
- CoreVest
- RCN Capital
PeerSense is independent, not a lender. Lenders listed are programs we have funded Pennsylvania deals through; specific terms vary by file.
Pennsylvania 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 Pennsylvania DSCR Loan Terms
DSCR Rental: Response within 24–48 hours. 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
- 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