What are the options when a DSCR ratio comes in at 0.92 — which investors allow sub-1.0 ratios and what does it cost in LTV or pricing?

A DSCR of 0.92 is workable, but the options depend heavily on which investor's program you're using, since sub-1.0 ratios aren't universally allowed and the ones that do permit it typically limit maximum leverage and adjust pricing accordingly. Verus, for example, permits DSCR ratios below 1.0 (down to certain minimums) but reduces maximum LTV as the ratio drops—so a 0.92 DSCR loan will generally be capped at a lower LTV tier than a 1.00+ DSCR loan, and pricing will carry an adjustment reflecting the added risk (Verus, Selling Guide p.12). This is common structuring across the Non-QM/DSCR space: as coverage falls under 1.0, guidelines respond by tightening leverage rather than declining the loan outright, since the property isn't fully covering its debt service from rental income alone. Borrowers facing a 0.92 DSCR should expect to either accept a lower LTV, bring in additional reserves, or use compensating factors like strong credit or liquidity to help offset the shortfall, depending on the specific investor's overlays. Because treatment of sub-1.0 DSCR varies significantly—not just in eligibility but in LTV caps, minimum DSCR floors, and rate adjustments—brokers and borrowers should confirm the exact matrix with their loan officer or investor guidelines before assuming a deal is approvable at this ratio.