Recently Funded DSCR Loan In Oklahoma City, OK

Loan Scenario:

This financing scenario involves a Debt Service Coverage Ratio (DSCR) rental loan for a detached single-family property in Oklahoma City, Oklahoma. The home was appraised at $113,000, and the investor secured a 30-year fixed DSCR loan for $78,750, resulting in a loan-to-value (LTV) ratio of 69.69%. With a DSCR of 1.497, the deal aligned well with program guidelines, demonstrating that the property’s rental income comfortably covers its monthly obligations.

The loan was used to finance the purchase of the property, and the investor—who has limited prior experience—was able to qualify based on the property’s performance rather than personal income. This structure provided an efficient path to closing without the paperwork typically required by traditional financing.

Oklahoma City continues to be a steady market for rental investors, combining affordability with reliable rental demand. Median home prices remain well below the national average, and properties in the $100K–$150K range are attractive to both tenants and cash-flow-focused landlords. With job growth in sectors like healthcare and aerospace, along with a low cost of living, rental housing continues to perform well in these neighborhoods.

This transaction is another example of how American Heritage Lending supports newer investors with straightforward DSCR financing—backing strong properties, even in affordable markets, without requiring tax returns or income verification.