Home · DSCR · Indiana
DSCR Rental Loans · Indiana

DSCR loans for Indiana rental properties.

Long-term rental financing for investment properties across Indiana — qualified off the property's income, not your personal DTI. 30-year fixed from 5.75%, up to 80% LTV, and only 3 months of seasoning on cash-out refinances. SLA Capital has closed deals across every major Indiana metro.

Get Qualified in Minutes Email Your Deal

SLA Capital — a Sir Lends A Lot LLC Company

What is a DSCR loan?

A DSCR loan — short for Debt Service Coverage Ratio — is an investor mortgage that qualifies off the property's rental income rather than the borrower's personal income or debt-to-income ratio. If the property's rent covers the total housing payment (principal, interest, taxes, insurance, and HOA), the loan qualifies. Self-employed investors, LLC-title borrowers, and anyone with complex tax returns can build a rental portfolio without W-2 gymnastics.

Indiana market

Why Indiana works for investor lending.

Indiana is one of the deeper cash-flow rental markets in the Midwest. Affordable acquisition basis across Indianapolis, Fort Wayne, and secondary markets drives real cash-on-cash yields. Central Indiana continues to see population and employment growth. Landlord-friendly statutes support projectable holds.

Affordable acquisition basis

Indianapolis and Indiana secondary markets offer entry price-points that make the yield math work — real cash-on-cash returns even after debt service.

Central Indiana growth

Metro Indianapolis has seen sustained employment and population growth, with logistics, life sciences, and manufacturing employers anchoring long-term rental demand.

Landlord-friendly

Indiana statutes are considered landlord-friendly with predictable eviction timelines. Holding costs stay projectable for cash-flow modeling.

Metros served

SLA Capital lends across every Indiana metro.

Whether you're closing a single-asset SFR in a smaller Indiana market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:

Indianapolis Metro

Marion County + Carmel, Fishers, Noblesville, Greenwood, Avon

Fort Wayne

Allen County — SFR + small-multi cash-flow

Evansville

Vanderburgh County — high-yield Midwest markets

South Bend

St. Joseph County — Notre Dame demand + Michiana

Bloomington

Monroe County — Indiana University market

Lafayette

Tippecanoe County — Purdue University demand

Terre Haute & Muncie

Central Indiana secondary markets — Ball State + ISU demand

Everywhere else

Statewide coverage — send us any Indiana property

Indiana DSCR loan terms.

Same nationwide program, no state-specific surcharges.

Pricing

Rates from 5.75%

Priced off the 5-year Treasury. Real quote in minutes via our loan sizer — no bait-and-switch at close.

Leverage

Up to 80% LTV

Purchase and rate-and-term refis up to 80% LTV. Cash-out refis with 3-month seasoning — no lease required.

Structures

Multiple options

30-year fixed, 5-year interest-only, 5/1 ARM, 7/1 ARM.

Size

$55K to $3M

Single-asset from $55K to $3M. Portfolio structures for 2–10 Indiana properties on one note.

Fees

1 point origination

Up-front pricing. One origination point, standard closing costs, no junk fees.

Qualification

1.0 DSCR minimum

Property rent must cover PITIA. Below 1.0 scenarios can still qualify with reserves or a rate buy-up.

Indiana DSCR FAQ

Common questions about DSCR loans in Indiana.

Does SLA Capital lend on rental properties in Indiana?

Yes. SLA Capital funds DSCR rental loans throughout Indiana — Indianapolis Metro, Fort Wayne, Evansville, South Bend, Bloomington, and every other IN metro. Rates from 5.75%, up to 80% LTV.

What DSCR loan rates are available in Indiana?

Indiana DSCR loans start at 5.75% on a 30-year fixed structure. Priced off the 5-year Treasury with transparent up-front pricing — the rate you're quoted is the rate you close at.

What Indiana metros does SLA Capital serve?

Every Indiana metro. High-volume markets: Indianapolis Metro, Fort Wayne, Evansville, South Bend, Bloomington. Secondary markets welcome.

Is Indiana a good state for rental property investors?

Indiana is one of the deeper cash-flow rental markets in the Midwest. Affordable acquisition basis across Indianapolis, Fort Wayne, and secondary markets drives real cash-on-cash yields. Central Indiana continues to see population and employment growth. Landlord-friendly statutes support projectable holds.

How long is seasoning on a Indiana DSCR cash-out refinance?

3 months. Only 3 months of ownership seasoning is required for cash-out refinances on Indiana DSCR loans, and no active lease is required at closing.

Get started

Ready to size a Indiana DSCR loan?

Send us the property. Our sizer returns a real term sheet in minutes.

Get Qualified in Minutes apply@slacapital.com
Also in Indiana

Other loan programs for Indiana investors