DSCR Loans in Louisiana

Louisiana's ultra-low property taxes, vibrant STR market in New Orleans, and affordable entry points create unique DSCR opportunities in the Deep South.

$215K
Median Home Price
$1,250/mo
Median Monthly Rent
1.24x
Est. DSCR at Median
70+
Lenders in Network
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MARKET OVERVIEW

Louisiana DSCR Loan Market

Louisiana offers DSCR investors a unique combination of very low property taxes (0.53%), affordable home prices, and one of the most active STR markets in the country (New Orleans). The state's landlord-friendly laws and low cost of living keep operating expenses manageable. New Orleans is a top-tier vacation rental market, though the city has implemented STR regulations. Baton Rouge benefits from state government, LSU, and petrochemical industry employment. Insurance costs, particularly hurricane and flood insurance, are a key consideration for Louisiana properties. Despite this, the low tax rate and strong rents produce favorable DSCR ratios.

LANDLORD-FRIENDLY STATE

Top Investor Cities

  • New Orleans
  • Baton Rouge
  • Shreveport
Effective Property Tax Rate
0.53%

Monthly tax on $215,000 property: $95/mo

REQUIREMENTS

DSCR Loan Requirements in Louisiana

Licensing & Regulatory

Loans in Louisiana are originated by [Broker D], NMLS# [XXXXXX], licensed in Louisiana.

All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.

Common Property Types

  • Single-Family Rentals
  • Small Multifamily (2-4 Units)
  • Short-Term Rentals

Down Payment & LTV

  • Standard DSCR: 20% minimum down (80% LTV)
  • No-Ratio DSCR: 30% minimum down (70% LTV)
  • 30%+ down unlocks No-Ratio DSCR programs and broader lender access

Appraisal & Rent Schedule

  • Form 1007 rent schedule required with appraisal
  • Appraisal estimates market rent for DSCR calculation
  • STR properties: AirDNA projected income accepted

DEAL EXAMPLE

Sample DSCR Deal in Baton Rouge, Louisiana

Single-Family Rental

Baton Rouge, Louisiana

DSCR
Purchase Price $215,000
Down Payment 25% ($53,750)
Loan Amount $161,250
Loan Type 30-Year Fixed DSCR

Monthly Breakdown

Principal & Interest $1,073
Property Tax $95
Insurance $210
Total PITIA $1,378
Monthly Rent $1,400
DSCR Ratio
1.02x
Monthly Cash Flow
+$22
Close Time
25 days
DSCR = $1,400 ÷ $1,378 = 1.02x

This borrower closed in 25 days with no income verification, no tax returns, and no employment check.

Results may vary. This is a representative example, not a guarantee of future performance.

This deal example is for illustrative purposes only and is based on representative scenarios across our broker network. Actual loan terms, approval, and closing depend on your full credit profile, property details, appraisal, and the matched lender's specific guidelines. This is not a loan offer or commitment to lend.

FREQUENTLY ASKED

DSCR Loan Questions for Louisiana Investors

DSCR loans in Louisiana require a minimum 660 credit score, 20% minimum down payment, and non-owner-occupied status. No income docs or tax returns needed. Louisiana uses a unique "parish" system instead of counties, which can affect where you file documents, but the DSCR loan process is standard.

Rates start from 5.99% for 740+ FICO with 35%+ down. Most Louisiana investors see rates between 6.50% and 7.75%.

Yes. New Orleans is one of the top STR markets in the country. However, the city has significant STR regulations including licensing requirements, a prohibition on whole-home STRs in residential areas (with some exceptions), and a commercial activity license requirement. Our STR DSCR program uses projected income to qualify.

Louisiana has one of the lowest effective property tax rates in the nation at approximately 0.53%. On a $215,000 property, that's only about $95/month. This is a major advantage for DSCR ratios. However, insurance costs in Louisiana (hurricane, flood) can be significant and should be factored into your PITIA calculation.

Yes. DSCR loans have no owner-occupancy requirement. New Orleans attracts significant out-of-state investment. Property management is readily available. Foreign nationals are also eligible.

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Loans in Louisiana are originated by [Broker D], NMLS# [XXXXXX], licensed in Louisiana. is not affiliated with DSCRBroker.com except as a participating broker in our matching network. All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.