Net-Lease Financing: How Lenders Underwrite Single-Tenant NNN Properties
How lenders underwrite single-tenant NNN net-lease loans: tenant credit, lease term, DSCR, and what kills deals. Get matched with the right program — apply today.

How lenders underwrite single-tenant NNN net-lease loans: tenant credit, lease term, DSCR, and what kills deals. Get matched with the right program — apply today.

How commercial real estate lenders use cap rates to set value, LTV, and loan proceeds in 2026 — with sector ranges and a worked example. Get matched today.

Debt yield, DSCR, and LTV are the three ratios that decide your loan size — and lenders use the lowest. Here’s how each works and how to win a bigger loan.

Quick answer: Commercial real estate loans are underwritten on the asset’s income and the sponsor’s plan, not personal income. The core levers across every property type: net operating income (NOI) and debt-service coverage (DSCR), loan-to-value and debt yield, the lease profile (tenant credit and term), and a credible exit. Terms vary widely by class — […]