Traditional lenders can't underwrite premium insurance ALE income. We can. Qualify on the 1.5-2x market rent that insurance companies pay for furnished temporary housing. No personal income. No W-2. No tax returns.
Apply for Financing →How It Works
When a home is damaged by fire, flood, hurricane, or other disaster, the homeowner's insurance policy pays for Additional Living Expense (ALE) — covering the cost of temporary furnished housing while repairs are made. Insurers pay premium rates (typically 1.5-2x market rent) for 30-90 day furnished stays because speed and availability matter more than price.
DSCR financing evaluates the property's ALE income potential — the premium rate an insurance carrier or ALE housing coordinator will pay — to determine if the property qualifies. No personal income documents. No DTI calculation. If the ALE rate covers the mortgage, the loan works.
Purchase a 1-6 unit residential property and furnish it turnkey. Think full kitchen, comfortable beds, living essentials — everything a displaced family needs to live normally.
Partner with an insurance ALE housing coordinator or third-party administrator. They fill your property with displaced families whose insurance pays the premium ALE rate directly.
Lenders divide the monthly ALE income by the mortgage payment. At 1.5-2x market rent, most properties easily exceed the 1.0-1.2x DSCR threshold — no W-2 or tax returns needed.
Insurance pays the ALE rate — typically 30-90 day stays with insurance-guaranteed payment. Your tenants cycle as claims resolve, but ALE coordinators backfill quickly with new referrals.
Markets We Cover
We finance ALE furnished rental properties in major metro markets nationwide. Select your city:
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Guides & Resources
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