Corva Launch DSCR Matrix
Launch debt service coverage ratio program for residential real estate investors. No personal income or employment verification required.
Underwriting Specifications & Parameters
MAXIMUM LTV
80%
MINIMUM FICO
620
MAX LOAN LIMIT
$3,000,000
UNDERWRITE SLA
< 24 Hours
Program Highlights & Selling Points
- DSCR as low as 0.75x qualified (No Ratio options available)
- Loan amounts from $150,000 up to $3,000,000
- 1-4 unit residential properties, eligible warrantable condos, and PUDs
- Cash-out refinances permitted up to 80% LTV
- Short-term rental (Airbnb / VRBO) revenue analysis accepted
Program Overview & Guidelines
Corva Launch DSCR Underwriting Matrix
The Corva Launch DSCR program offers streamlined financing for professional real estate investors, landlords, and LLC entities. Qualification is derived entirely from the property subject gross cash flow divided by the total monthly housing expense (PITIA) with zero personal income documentation required.
Key Qualification Standards
- Minimum DSCR: 1.00x standard (0.75x down to 75% LTV).
- Experience: First-time investors permitted with 680+ FICO.
- Reserves: 3-6 months PITIA based on loan amount and credit score.
- Entity Vesting: LLC, Corporation, or Partnership closing standard nationwide.
Official Program Guidelines & Matrix
Complete underwriting guidelines, reserve requirements, and matrix specifications (PDF).
< 2 HOUR DECISION
Submit Corva Launch DSCR Matrix Scenario
Direct credit desk review by dedicated wholesale underwriters. Submit transaction parameters below for immediate pricing, structuring, and written terms.