Rocket Pro Launches Dscr Product In Response To ‘market Shift’

Rocket Pro announced Tuesday that it is offering a Debt Service Coverage Ratio (DSCR) product, which will enable its partners and clients to qualify for a loan on an investment property based on the income the property is expected to generate, rather than their personal income.

Cory Scholl, Rocket Pro’s EVP of sales, said that the new offering was prompted by partner demand. “One of [our partners’] biggest asks was bringing DSCR to Rocket Pro, and to not just have that product, but for it to be coupled with our pricing consistency, our speed and the certainty that they expect over here,” he said during an interview with HousingWire.

Scholl said that the launch also echoes Rocket Pro’s partner promises, which it unveiled at Rocket Pro Experience (RPX) at the end of September. “I would say the new product offering specifically resonates with promise number five: helping everyone home means everyone…We can open up more markets for our partners, talking with investors out there, and start really helping everyone home.”

Scholl described a “market shift” over the last few years that has generated more interest in DSCR. The new product allows purchase, rate-term refinances, and cash-out refinances with a max loan amount of $3 million for the first two and $2.5 million for a cash-out.

Scholl said that the product is not for first-time real estate investors as Rocket Pro requires a history of rental income or property management experience of at least one year.

Rocket Pro’s secondary market strategy for the DSCR product involves not holding servicing for loans, Scholl and a Rocket spokesperson confirmed.

The DSCR product launch builds on other recent announcements from the Detroit-based lender. Also announced at RPX was Rocket Pro Navigate, an AI platform dubbed a “ChatGPT built exclusively for loan officers” that provides sales coaching, lead discovery, document analysis and client communications.

“Once our partners couple Rocket Pro Navigate with DSCR, they’re going to have a great one-two punch to end 2025 on a high note, and roll into 2026,” Scholl said. “During just the first 30 days in Navigate, our partners just went full on with it, especially with our lead scanner, and they saw a 65% increase month over month in production when the wider industry was at best flat month-over-month in October compared to September.”