Recommendation of lenders who use leases vs market rent for DSCR

[Dana Powell]

At 4% interest, I bought investment properties which easily met a DSCR of 1 or greater, even when using the market rental value which was always less than the actual rent I receive from my tenants' federal housing choice vouchers (HCV). However, with the rise in interest rates, I am fairly certain that a threshold ratio of 1 will not be met.

If I were able to acquire my next investment through cash and/or bridge loan, install my section 8 tenant and show a couple of months of rental payments, is there a lender out there that would use that lease and its accompanying Housing Assistance Payment contract I would have with the local housing authority? The DSCR using market rent is more like .50.

Thanks in advance!