DSCR Loan Rates Today: Current Pricing and What Drives Rates

LYNK Mortgage's DSCR rates start at 7.00% for best-qualified borrowers (strong credit, strong DSCR, more equity and a longer prepayment term). Most borrowers price above the starting rate depending on credit, LTV, and DSCR strength. Market benchmarks rose this month: the 10-year Treasury yield was 5.18% on September 24, 2026, up from 5.01% on September 18, and Freddie Mac's average 30-year fixed rate for conventional loans reached 7.03%, up from 6.71% at the start of the month. Hard money typically prices higher still, often 10% or more. Rates change daily based on macro factors; contact us for current rates.

10-year Treasury yield: the foundation of all mortgage rates. When Treasuries rise, DSCR rates rise; when Treasuries fall, DSCR rates fall. Lender spread: the margin a lender charges above its cost of funds, which varies by lender and market conditions. Credit score: lower scores add to the rate, and stronger scores earn better pricing. DSCR ratio: thinner coverage adds to the rate (1.0-1.25 might add 0.25%), and 1.5+ gets the base rate. LTV: more equity can earn a better rate than a loan at the 80% maximum. Prepayment term: a longer prepayment period usually earns a lower rate, while choosing no prepayment penalty costs more. Rate environment: during volatile markets, rates might be higher due to uncertainty. LYNK Mortgage locks rates for 30 days; after lock expires, new rate quote is necessary.

Conventional (owner-occupied): Freddie Mac's 30-year fixed average was 7.03% on September 24, 2026; investment-property conventional loans carry added pricing adjustments, and qualification requires full documentation and a debt-to-income limit (up to 50% under Fannie Mae's automated underwriting). DSCR: 7.00%-8.0%, no DTI limits, no tax returns required. Portfolio loan (bank-keep): bank-specific pricing, limited availability, bank-specific terms. Hard money (fix & flip): often 10% or more, short term, fastest close. DSCR is middle-ground: cheaper than hard money, more scalable than conventional. Any rate premium over conventional is the cost of flexibility.

LYNK Mortgage offers free 30-day rate locks from pre-qualification. Lock your rate when you make an offer on a property; the lock covers you through closing. If rates drop after you lock, you're stuck with your rate (downside of locking). If rates rise, your lock protects you (upside). Some borrowers skip locking, betting rates will drop; risky if rates rise instead. LYNK Mortgage also offers rate-buy-down (pay 1-2% of loan as discount points to reduce rate 0.25-0.50%), useful if you plan to hold long-term. For experienced investors with multiple properties, LYNK Mortgage sometimes negotiates portfolio rates (slightly lower) based on relationship and loan volume.