DSCR Loans In Connecticut

• Investor-Focused Expertise – We specialize in DSCR loans for real estate investors in Connecticut, not traditional homebuyers. That means our programs are designed with rental properties and Airbnb's in mind.
• Local Market Knowledge – We understand Connecticut market dynamics and structure loans that work for both long-term and short-term rental strategies.
• Speed & Certainty – In competitive Connecticut markets, timing matters. Our streamlined process and fast closings help you win deals before the competition.
• Direct Relationship Lending – Unlike big banks, we provide personalized service and tailored loan terms so you’re not just another file in the system.
• Competitive Rates & Terms - Ridge Street aims to be in top 10% of the DSCR loan market for low rates and fees.

Yes, as long as the LLC is registered in the State of Connecticut, we can fund the deal in the name of your LLC.
Check out our Complete Guide To DSCR Loans.

There are several steps involved with setting up an LLC in Connecticut. Typically, the process can take 3-5 days. We recommend Northwest Registered Agent for setting up an LLC in CT.

The short answer is no. We understand that investors who fix and refinance properties  intend to refinance as soon as possible after renovating a property.

To obtain a DSCR Loan in Connecticut, the property must be in rentable condition. Formally, this means the property must obtain an appraised condition rating of at least C4 with no deffered maintenance.

Yes, you can learn more about our Connecticut Fix and Flip Loans here.

Here is a breakdown of the estimated closing costs on a $300,000 DSCR loan in Connecticut:

• Appraisal Fee → $500 – $700
• Title Search & Title Insurance → $1,000 – $1,500
• Recording Fees & Transfer Taxes → $400 – $800
• Title Agent Fees → $750 – $1,200
• Prepaid Reserves (2 Months of PITI) → $2,000 – $3,000
• Insurance → $1,500-$2,000

Pros Of DSCR Loans

• No Personal Income Verification
• No tax returns or W-2s required; approval is based on the property's DSCR.
• Can be used for single-family rentals, multifamily units, condos, and short-term rentals like Airbnb.
• Investors can qualify for multiple properties without debt-to-income (DTI) limitations.
• Cash out refinancing available with DSCR loans making them an ideal choice for investors using the BRRRR Investing Strategy.

Cons Of DSCR Loans

• Higher Interest Rates – Typically 0.5% higher than conventional mortgages.
• Requires 20-25% down, while conventional loans may allow as low as 15% for investment properties.
• Prepayment Penalties – Many DSCR loans include penalties if paid off early, especially within the first 3-5 years.

Yes, our mininium loan amount is $50,000 for DSCR Loans. Note that the minimum collateral value of a property that we can finance is $75,000.

One of the best ways to get started is by attending local real estate investor (REI) meetups and networking events. Connecting with experienced investors can help you learn market trends, find partners, and source deals.

In Hartford, the Connecticut Real Estate Investors Association (CTREIA) is the state’s largest REI network, offering monthly meetings, workshops, and coaching.

In New Haven, the New Haven Real Estate Investors Association hosts meetups focused on buy-and-hold, flipping, and wholesaling.

In Fairfield County, the Fairfield County REIA connects investors with local market insights and partners.

For those in Eastern CT, the Greater Norwich Area REIA provides education and networking.
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For a statewide and national resource, check out BiggerPockets, where you can connect with Connecticut investors, access tools, and read educational articles