Long-term rental financing for investment properties across Iowa — 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 Iowa metro.
SLA Capital — a Sir Lends A Lot LLC Company
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.
Iowa is a strong cash-flow Midwest market. Des Moines anchors on insurance + fintech employment. University demand (Iowa City, Ames) adds stability. Secondary markets deliver high cash-on-cash yields for portfolio investors.
Des Moines is one of the largest insurance hubs in the US and hosts a growing fintech sector (Principal, Wells Fargo campus, EMC Insurance). Stable employment drives rental demand.
Iowa secondary markets offer some of the highest cash-on-cash yields in the Midwest — attractive for portfolio investors focused on income.
Iowa City (U of Iowa + hospital system) and Ames (Iowa State) provide stable, university-anchored rental demand.
Whether you're closing a single-asset SFR in a smaller Iowa market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Polk + Dallas counties — insurance + fintech hub
Linn County — Eastern Iowa
Scott County — cross-river metro
Johnson County — University of Iowa + hospital demand
Story County — Iowa State University
Woodbury County — Western Iowa
Black Hawk County — Northeast Iowa
Statewide coverage — send us any Iowa property
Same nationwide program, no state-specific surcharges.
Priced off the 5-year Treasury. Real quote in minutes via our loan sizer — no bait-and-switch at close.
Purchase and rate-and-term refis up to 80% LTV. Cash-out refis with 3-month seasoning — no lease required.
30-year fixed, 5-year interest-only, 5/1 ARM, 7/1 ARM.
Single-asset from $55K to $3M. Portfolio structures for 2–10 Iowa properties on one note.
Up-front pricing. One origination point, standard closing costs, no junk fees.
Property rent must cover PITIA. Below 1.0 scenarios can still qualify with reserves or a rate buy-up.
Yes. SLA Capital funds DSCR rental loans throughout Iowa — Des Moines Metro, Cedar Rapids, Davenport & Quad Cities (IA side), Iowa City, Ames, and every other IA metro. Rates from 5.75%, up to 80% LTV.
Iowa 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.
Every Iowa metro. High-volume markets: Des Moines Metro, Cedar Rapids, Davenport & Quad Cities (IA side), Iowa City, Ames. Secondary markets welcome.
Iowa is a strong cash-flow Midwest market. Des Moines anchors on insurance + fintech employment. University demand (Iowa City, Ames) adds stability. Secondary markets deliver high cash-on-cash yields for portfolio investors.
3 months. Only 3 months of ownership seasoning is required for cash-out refinances on Iowa DSCR loans, and no active lease is required at closing.
Send us the property. Our sizer returns a real term sheet in minutes.
Short-term purchase + rehab financing across every Iowa metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.
Ground-up construction loans for Iowa builders. 85% land + 85% build. $100K–$7.5M.