Key terms
- Min credit score
- 660
- Max purchase LTV
- 80%
- Loan size
- Up to $3M
- Starting rate
- Not published
- Max cash-out LTV
- Not published
- Min DSCR
- 0.75x
- Short-term rentals
- Not published
- Foreign nationals
- Yes
- Prepayment penalty
- Not published
- How they work
- Correspondent (buys closed loans from approved originators; no direct borrower lending)
“Not published” means the lender doesn’t show that figure on its website. We never guess. Summary figures use the lender’s rental (DSCR) program where it has one, otherwise its bridge program. Loan size spans all programs.
Note: Onslow Bay is a correspondent aggregator owned by Annaly Capital Management. It buys closed loans and says it is not an end originator, so borrowers reach these programs through its approved originators. Active in Yavapai County, Arizona: named as lender on a recorded document in the Yavapai County Recorder's public records (recorded Aug 9 to Oct 28, 2026).
Where they lend
Nationwide (more than 10 states, or says nationwide): state count not published
About page says its expanded credit programs give borrowers access to credit "across the country" and that it holds approvals to buy loans in all 50 states and DC. No state list or exclusions published. Loans come through approved originators, not directly from Onslow Bay.
Source: www.onslowbayfinancial.com/about-onslow-bay
Arizona and Tennessee: Nationwide lender: on the nationwide list, not on state pages
Programs
DSCR rental program
- Notes
- DSCR Plus: min FICO 660, max LTV 80%, min DSCR 0.75x or no ratio, max loan $3.0M; interest-only available; professional investors only (12 months managing income property)
DSCR rental program
- Notes
- Cross Collateralized: up to 15 properties, min FICO 680, max LTV 75%, min DSCR 1.10x per property, max loan $2.0M
Foreign national program
- Max LTV
- Up to 65%
- Notes
- Foreign National Plus: max loan $1.0M; investment properties and second homes
Sources and change history
Pages we read
Checked October 28, 2026. Terms change often, so confirm directly with Onslow Bay Financial before you apply.
Change history
No term changes logged yet for this lender.
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Onslow Bay Financial loan requirements: FAQ
What credit score does Onslow Bay Financial require?
Onslow Bay Financial publishes a minimum credit score of 660 (as of October 28, 2026). It’s the lowest minimum it publishes for any program, so check the program details. Source: the lender’s own published materials, linked on this page.
How much can I borrow with Onslow Bay Financial (max LTV)?
Onslow Bay Financial publishes a maximum purchase LTV of 80% (as of October 28, 2026). Maximums usually depend on credit score, experience and property type.
What loan sizes does Onslow Bay Financial offer?
Onslow Bay Financial publishes loan sizes of up to $3M (as of October 28, 2026). Source: the lender’s own published materials, linked on this page.
What DSCR does Onslow Bay Financial require?
Onslow Bay Financial publishes a minimum DSCR of 0.75x (as of October 28, 2026). Source: the lender’s own published materials, linked on this page.