Yes — you can often close a DSCR (debt-service coverage ratio) loan with the borrower being an LLC, but lenders have specific entity, documentation, and seasoning requirements and many will still require a personal guaranty or personal credit review.

Key points and typical requirements:
- Entity formation and documentation
- A valid, active LLC (or other entity) with filed Articles of Organization and current Operating Agreement.
- Employer Identification Number (EIN) and proof the LLC has a separate business bank account.
- Some lenders require the LLC to have been formed for a minimum period (seasoning), while others will allow newly-formed LLCs.
- Title and vesting
- Lender will want the property deeded to the LLC at closing (or permissibly transferred after closing per lender rules).
- Watch transfer-on-title clauses and any mortgage due-on-sale provisions if you’re moving an existing property into an LLC.
- Personal involvement and credit
- Many DSCR programs require a personal guaranty and will pull personal credit and income info; some review credit only for high-balance loans.
- If you want full liability protection, expect stricter underwriting or a lender that permits non-recourse structures (these are less common).
- Underwriting and reserves
- DSCR is calculated using documented rent or market rent schedules; lenders often use a cap rate or rent schedule to determine qualifying income.
- Expect requirements for down payment (commonly 20–30% for investment loans), cash reserves, and property-type restrictions.
- Other items
- Clear title, appraisal, hazard and liability insurance naming lender and LLC correctly, and standard closing documents.
- Closing timelines are generally similar to other mortgage loans but can vary with entity documentation complexity.

What to do next:
- Talk to a mortgage pro who understands entity-owned investment lending and your state’s asset-protection rules.
- Consider consulting your attorney or CPA about LLC setup and whether a personal guaranty undermines the protection you want.

Yes, you can absolutely close a DSCR (Debt Service Coverage Ratio) loan in your LLC's name, and many real estate investors do this specifically for asset protection and liability separation. This is one of the major advantages of DSCR loans compared to traditional mortgages, which typically require personal ownership.

**Key Requirements for LLC DSCR Loans:**

- **LLC must be established before application** - The entity needs to exist with proper documentation (articles of organization, operating agreement)
- **Personal guarantee required** - While the LLC holds title, you'll still personally guarantee the loan, so you remain on the hook if things go wrong
- **Credit score minimums** - Typically 660-680+ depending on the lender and loan structure
- **Down payment** - Usually 20-25% minimum for investment properties
- **DSCR ratio of 1.0 or higher** - The property's rental income must cover the mortgage payment (some programs allow ratios as low as 0.75 with compensating factors)
- **Cash reserves** - Generally 6-12 months of principal, interest, taxes, and insurance (PITI) in reserves

**Important Considerations:**

The asset protection benefit comes from separating the property from your personal assets—if someone sues over a tenant issue at that property, they're suing the LLC, not you personally. However, the personal guarantee means the lender can still pursue you if you default.

Your LLC can be single-member or multi-member, though some lenders have restrictions on complex LLC structures or out-of-state entities. The LLC will need an EIN (Employer Identification Number) from the IRS.

Property insurance will also need to reflect LLC ownership, and you'll want to ensure your LLC remains in good standing with your state to maintain the liability protection.

Yes, you can and often should close a DSCR loan in an LLC. This is a standard practice for real estate investors who want to separate their personal assets from their business properties for liability protection.

Lenders who offer DSCR loans are accustomed to working with LLCs and have a streamlined process for it. While the LLC is the official borrower and will be on the title, the lender will still evaluate the qualifications of the individual members (owners) of the LLC.

Here are the general requirements when using an LLC for a DSCR loan:

* **LLC Documentation:** You will need to provide the lender with your LLC's formation documents. This typically includes the Articles of Organization, the Operating Agreement, and a Certificate of Good Standing from the state. You will also need an Employer Identification Number (EIN) for the LLC.

* **The Personal Guarantor:** The LLC itself doesn't have a credit history, so the lender will look to you and any other managing members. Lenders will pull your personal credit score (typically requiring a score of 660 or higher) and review your assets for the down payment and reserves. You will be required to personally guarantee the loan.

* **The Personal Guarantee:** This is a key point to understand. A personal guarantee means that if the LLC defaults on the loan, the lender can still seek repayment from you personally. While the LLC structure can help protect you from tenant lawsuits or other property-specific liabilities, it does not shield you from your obligation to repay the mortgage.

* **Property Cash Flow (DSCR):** The core of the loan approval is the property's ability to generate income. The lender will analyze the property's rental income versus its monthly mortgage payment, including principal, interest, taxes, and insurance (PITI). Most programs require the rent to be equal to or greater than the PITI payment.

* **Down Payment and Reserves:** A down payment, typically 20-25% or more, is required. You will also need to show you have sufficient cash reserves, usually equivalent to several months of the total mortgage payment.