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DSCR loans for Maryland rental properties
Estimate a Maryland rental property’s DSCR
Meets theLender’s minimum 1.00 DSCR.
Start with the property’s income and expense picture
For an eligible Maryland investment property, LTR DSCR underwriting may compare qualifying long-term rent with the property’s proposed housing expense. The standard path begins at a 1.00 ratio; a separate Near-DSCR path may address eligible ratios below 1.00 under narrower limits. PITIA is used for an amortizing loan and ITIA for an eligible interest-only structure. The ratio is only one part of the decision: credit, liquidity, appraisal, property characteristics, experience, vesting, current authority and the complete current guidelines also control.
What the ratio can, and cannot, tell you
620-680
15%+
1–4 units
$100K–$3.5M
A ratio above 1.00 means the accepted rental income is greater than the expense figure used in the calculation. A ratio at 1.00 means those two figures are equal, while a result below 1.00 means the expense is greater than the rent used.
That mathematical relationship is useful for planning, but it is not an approval standard by itself. Appraisal results, rent eligibility, credit history, reserves, ownership or vesting, loan structure, property review, and all other applicable requirements remain subject to review under the current complete program guidelines.
Maryland DSCR calculation
660+
1.00
This simplified Maryland example shows how expected rent compares with the proposed monthly property expense.
- Expected monthly rent: $2,775
- Proposed monthly PITIA and association expense: $2,225
- Arithmetic: $2,775 ÷ $2,225 = 1.247...
- Rounded calculated DSCR: 1.25
PITIA generally refers to principal, interest, taxes, insurance, and applicable association expense in this example. The rent and expenses accepted for an actual file may differ from these figures based on documentation, appraisal findings, program definitions, and underwriting review. A 1.25 ratio in This calculation does not establish eligibility or approval.
How long-term rent is documented
For an eligible long-term rental, rent support may include an executed lease, appraisal-based market-rent information, or other documentation required for the particular transaction. Underwriting determines which evidence applies and what amount, if any, can be used. Contract rent is not automatically accepted simply because it appears in a lease.
The expense side is also file-specific. Taxes, insurance, principal and interest, and applicable association obligations may need to be documented and calculated under program rules. Vacant, newly leased, purchase, and refinance files can require different evidence or treatment. The appraisal, property condition and characteristics, credit, reserves, ownership or vesting, transaction structure, and current complete guidelines must all be reviewed.
From initial inquiry to closing review
The sequence below is a practical outline rather than a promise of approval or timing. Additional steps or documents may be required after the property and transaction are reviewed.
30–45 days
LLC OK
- Describe the transaction. Provide the Maryland property address, whether the request is for a purchase or refinance, the intended ownership or vesting, and the proposed loan structure.
- Share property and rent information. Submit available lease documents, anticipated long-term rent information, association details, insurance information, and other requested property records.
- Complete the borrower review. Supply authorization and documents needed to evaluate credit, reserves, identity, ownership, and any entity-related structure.
- Order and review third-party reports. The appraisal and any other required reports are evaluated for property eligibility, value, condition, and support for the rent used in underwriting.
- Confirm the final calculation and conditions. Underwriting applies accepted rent and expense figures, reviews the full file under current guidelines, and identifies any remaining conditions.
- Review final documents and closing requirements. If the transaction is approved and all conditions are satisfied, review the final terms, required funds, vesting, insurance, and closing documents before signing.
Not by itself. A 1.00 ratio means only that the accepted rent equals the expense amount used in that calculation. Whether that result is permitted for a particular request depends on the current complete program guidelines and the full review of the property, appraisal, rent evidence, credit, reserves, ownership or vesting, and transaction structure. The ratio alone never establishes approval.
Yes. Short-term-rental income can be used for an eligible Maryland DSCR loan. Underwriting will review the property, location, appraisal or market-rent analysis, operating history or other required income evidence, transaction structure, applicable local requirements and the current program guidelines for the specific file.
Yes. Eligible two- to four-unit properties can be financed with a Maryland DSCR loan. Underwriting will review unit-level rents or leases, the appraisal and rent schedule, occupancy and legal-use details, property expenses, transaction structure and the current program requirements for the specific file.
Credit remains part of the underwriting review even when eligible rental cash flow is considered. If an LLC or another ownership or vesting arrangement is proposed, the lender must review the entity documents, borrower relationship, vesting, and transaction structure under current guidelines. This page does not state that any entity form is eligible, that reporting will occur in a particular manner, or that a personal guarantee will or will not be required.
Yes. theLender is licensed in Maryland. Current company, regulator and license details are available through the theLender State Licenses page and NMLS Consumer Access.
Licensing is confirmed; each DSCR file still receives its normal property, income, appraisal, credit, reserves, ownership, structure and underwriting review.
Explore DSCR Loans in Nearby States
Controlled LTR DSCR program snapshot
theLender is licensed in Maryland. Current company, regulator and license details are available through the theLender State Licenses page [1] and NMLS Consumer Access. [2] The CFPB state-regulator directory provides regulator contacts. [3] Licensing is confirmed; current guidelines and complete underwriting control each file.
Sources and review
theLender is licensed in Maryland. Research checked the theLender State Licenses page, NMLS Consumer Access, the CFPB state-regulator directory and the current controlled DSCR program source on July 18, 2026. Licensing is confirmed; product terms and each transaction remain subject to current guidelines and complete file review.
- theLender State Licenses, Maryland company, regulator and license information; checked July 18, 2026.
- NMLS Consumer Access, public company and license lookup for Hometown Equity Mortgage, LLC, NMLS ID 133519.
- CFPB state-regulator directory, government resource for finding state regulator contacts.
- theNONI 1–4 Unit DSCR Program Matrix 05.15.26E, effective May 15, 2026, controlled internal product source.
Licensing does not establish product or transaction eligibility. This page is educational, not a commitment to lend. Current authority, program guidelines, property review, documentation and complete underwriting control each file. Programs and terms may change. For current consumer-facing product information, review the DSCR Investor Loan page.