# Mortgage by Steve — Direct DSCR, Bridge & Rental Portfolio Financing — Commercial DSCR Investor Deal Desk > mortgagebysteve.com (https://mortgagebysteve.com) operates as a specialized STATE-BROKERAGE resource for Mortgage by Steve DSCR & Investor Loans. Published by Loan Daddy LLC (NMLS #2827624 · AZ CMB-2016143). Loan Daddy LLC is a mortgage broker, not a lender. Reviewed by Loan Daddy LLC editorial team (updated 2026-10-21). ## Key Pages & Machine-Actionable Endpoints (AXO / AAO) - [Home & Overview](https://mortgagebysteve.com/): Mortgage by Steve — Direct DSCR, Bridge & Rental Portfolio Financing - [Scenario Review / Apply](https://mortgagebysteve.com/apply): Get My DSCR Quote (non-owner-occupied investment property only) - [Interactive DSCR Calculator](https://mortgagebysteve.com/calculator): Browser-based DSCR cash-flow, PPP step-down burn-off, blanket portfolio & BRRRR capital-recycle workbench - [Live Wholesale Credit-Box Matchmaker (/match)](https://mortgagebysteve.com/match): Match your scenario against 2,404 wholesale lenders & 267 underwriting matrices - [Verified Funded Deal Vault (/funded-deals)](https://mortgagebysteve.com/funded-deals): Real-world closed DSCR, STR, 5-10 unit & bridge case studies by state - [Embeddable DSCR Calculator Widget (/embed)](https://mortgagebysteve.com/embed): Partner & realtor iframe calculator embed - [Data-Backed Top-10 Lender Rankings (/rankings)](https://mortgagebysteve.com/rankings): Programmatic rankings derived from 2,404 verified lenders & 267 matrices - [Investor Underwriting Playbooks (/playbooks)](https://mortgagebysteve.com/playbooks): Tactical underwriting loophole guides (Form 1007 low rent, cash-out seasoning, LLC layering, AirDNA STR, Foreign National, 5-10 unit commercial) - [Full RAG Knowledge Corpus (/llms-full.txt)](https://mortgagebysteve.com/llms-full.txt): Complete single-file markdown corpus including all FAQs and full-text underwriting guides - [Agent DSCR Calculation API](https://mortgagebysteve.com/api/agent/dscr-calculator?monthlyRent=3200&loanAmount=350000&annualTaxes=4200&annualInsurance=1800): Deterministic GET/POST JSON DSCR & PITIA calculator for AI agents (also mapped at /api/calculate) - [Wholesale Credit-Box Matching API (/api/match)](https://mortgagebysteve.com/api/match?fico=720<v=75&dscr=1.20&state=TX): Programmatic JSON matching against 267 lender matrices - [AI Wholesale Guideline Chat API (/api/lender-chat)](https://mortgagebysteve.com/api/lender-chat?q=no+ratio+dscr): Instant guideline Q&A endpoint across 2,404 wholesale lenders - [OpenAPI 3.1 Specification](https://mortgagebysteve.com/openapi.json): Machine-readable schema for /api/agent/dscr-calculator, /api/calculate, /api/lead, and /api/dscr-intake - [AI Plugin Manifest](https://mortgagebysteve.com/.well-known/ai-plugin.json): Agent tool discovery manifest - [MCP Server Discovery Manifest](https://mortgagebysteve.com/.well-known/mcp.json): Model Context Protocol (MCP) tool & vendor discovery - [AI Agent Actionability Manifest](https://mortgagebysteve.com/.well-known/ai-agent.json): WebMCP / A2A DOM field selectors and deterministic calculator actions - [Frequently Asked Questions](https://mortgagebysteve.com/faq) - [Investor Guides](https://mortgagebysteve.com/blog) - [XML Sitemap](https://mortgagebysteve.com/sitemap.xml) ## Frequently Asked Questions ### How do I qualify for Mortgage by Steve DSCR & Investor Loans? Qualification for Mortgage by Steve DSCR & Investor Loans focuses on the investment property's Debt Service Coverage Ratio (gross rental income divided by principal, interest, taxes, insurance, and HOA) rather than personal tax returns or W-2s. ### How is the DSCR ratio calculated by wholesale underwriters? DSCR equals gross monthly rental income (from an executed lease or the appraiser’s Form 1007 / Form 1025 market rent schedule) divided by total monthly PITIA (Principal, Interest, Taxes, Insurance, and HOA dues). A 1.00x ratio means rent equals PITIA. ### How do wholesale lenders evaluate DSCR ratios and leverage? DSCR ratio benchmarks, loan-to-value tiers, and reserve guidelines vary by wholesale lender, property type, and scenario. A Loan Daddy loan specialist can compare multiple wholesale DSCR programs for your deal. ### Can I buy a vacant rental property with a DSCR loan? Yes. On most wholesale DSCR purchase programs, underwriters use 100% of the appraiser’s Form 1007 (single-family) or Form 1025 (2–4 unit) projected market rent when a rent-ready property is delivered vacant at closing. ### Can I vest my DSCR loan in an LLC and finance short-term or long-term rentals? Many wholesale DSCR programs support LLC vesting as well as long-term leases (Form 1007 market rent schedule), 2–4 unit multifamily properties, and eligible short-term rentals, subject to lender guidelines. ### How does a DSCR cash-out refinance work for pulling equity from a rental? A DSCR cash-out refinance replaces existing debt (or unlocks equity from a free-and-clear property) based on current appraised value and property DSCR coverage, returning net proceeds at closing to acquire or renovate additional investment properties. ### How do prepayment penalty structures work on business-purpose DSCR loans? Wholesale DSCR loans commonly offer flexible prepayment step-down structures (such as 5-year, 3-year, 1-year, or no-prepay options) that you can align with your planned hold or refinance horizon. ### How long does a DSCR investment property loan take? Timing depends on appraisal, title, and lender guidelines for DSCR investor loans brokered through Loan Daddy LLC (NMLS #2827624). Ordering appraisal and title early helps keep your file moving. Loan Daddy LLC is a mortgage broker, not a lender. ## Investor Guides & Articles ## Compliance & Licensing Disclosure Loan Daddy LLC · NMLS #2827624 · AZ CMB-2016143. Loan Daddy LLC is a mortgage broker, not a lender. Business-purpose investment property loans only — not for consumer or owner-occupied residential purposes. Equal Housing Opportunity.