In Irvine, a lender highlighted No-Ratio financing after rental yields declined in 54.8% of analyzed US counties from 2025 to 2026.
The option targeted experienced real estate investors buying or refinancing properties with negative cash flow, no current rents, or deals failing standard DSCR tests.
The lender framed No-Ratio as a third lane after standard and softer DSCR options, for deals where current ratios missed the broader investment picture.
Use cases included buying before rents were in place, refinancing or cash-out for rehab, and replacing short-term hard money with longer-term financing.
Public materials listed up to 75% LTV, possible 90% CLTV, no rental-income verification, no tax returns, quick funding, and 30-yr fixed or interest-only terms.
The lender said inquiries were rising and formally rolled out a more flexible portfolio No-Ratio option for experienced investors needing added leverage or credit flexibility.
The program was generally aimed at experienced inves