Answers before you apply.

A DSCR (debt-service coverage ratio) loan qualifies the property on its rental cash flow instead of your personal income. The lender divides the property's rent by its debt service; at or above 1.0 the rent covers the payment. It lets investors finance and refinance rentals without conventional income documentation.

A fix-and-flip loan is short-term capital to buy, renovate, and sell. A DSCR loan is long-term financing for a rental you intend to hold. Many investors use a fix-and-flip loan for the project, then refinance into a DSCR loan once the property is rented.

DSCR loans can close as fast as 15 days and fix-and-flip loans in as little as 10 days, depending on the file and the diligence required.

Published program ranges currently show DSCR from $100,000 to $20 million, fix-and-flip from $200,000 to $10 million and up, and construction from $500,000 to $50 million and up. Bridge financing is sized to the transaction.

Published guidelines show DSCR up to 80% LTV, fix-and-flip up to 90% LTC and 75% ARV, and construction from 75% to 90% LTC. Bridge financing is structured around the transition. Final leverage depends on underwriting.

Sphinx Capital lends nationwide, excluding North Dakota, South Dakota, Vermont, and Alaska.

Yes. Over half of our business comes through brokers and referral partners. Involvement is flexible, from a simple introduction to full point-of-contact support, and the relationship stays yours.

Start with the property, borrower, and loan details for an initial review. If the terms make sense, we coordinate appraisal, title, insurance, and related diligence for the full package.

No. Sphinx Capital provides business-purpose loans only, not consumer or owner-occupied residential mortgages.

Rate figures are as published and governed by the current rate sheet. We confirm current terms before you apply.