DSCR Loans Explained
How to Finance Your Next Investment Property
$150K Minimum Loan to $5.5M
An Investment Mortgage Product that Makes Sense!
Purchase. Refinance. Cash-Out.
Get a 30 or 40 year mortgage for a 1 to 4 units investment property based on its Current Producing Rental Income or Current Market Rental Income.
To qualify, we Run your Credit (minimum 640 Mid Fico). If a Purchase we Require 15% down (740 Min Fico). Looking for Cash-Out 80% LTV Max. No income or employment verification, "No Ratio" Needed, no tax returns, no financials needed.
Cash-Out Refinance
Turn Rental Property Equity Into Cash
Multiply Your Assets with DSCR Loans
- Increase your buying power and get quick access to capital. Take advantage of passive income as well as existing equity in a rental property to create the potential for large long-term payout.
- Using cash-out refinance, you can pull-out Unlimited Funds to 75% Loan to Value in equity out of each existing rental property. Utilize our DSCR Investor Cash Flow Loans and take advantage of fast funding services for mortgage cash-out refinance, the hybrid of current market fixed or variable rates, and flexible terms, to seize new investment opportunities.
- Use our simple loan application process will help accelerate the growth of your real estate investment portfolio fast.
Refi. Invest. Grow
1-4 Units Rental Property Financing
Beyond The Numbers
Why to deal with a Direct Lender and Not a Broker.- Direct to investor lending
- Flexibility with in-house underwriting
- Better deals without Middle Man!!!
- Faster Approvals
- Faster processing, quick funding
- No-limits on number of financed properties
- Exceptions Made Upfront
- Lower reserve requirements
- Close Faster
- Keep property under LLC - allowed
- Non-occupant co-borrower - allowed
- Foreign national borrower - allowed
- First-time investor - allowed
- Self-employed investors are welcome
- Fast efficient closings of 1031 exchange
- Excellent loan product for long term investors
- This is Not HARD MONEY
DSCR Loan Features
What we can do for you! 1 out of 3 Loans is an Exception!!!- Borrow from $150,000 to $5.5M
- Purchase, Refinance and Cash out
- Get a 30yr Fixed, 40yr Fixed or an ARMs Mortgage Term
- Interest-Only features are allowed for 40yr Fixed and 30yr Fix, and ARM loans
- Interest rate buy-down option available
- Cash-out Unlimited
- NO RATIO Options Available NOW!
- Refinance up to 85% LTV for SFR up to 4 Unit
- Purchase up to 85% LTV for SFR up to 85%
- No Prepayment Penalty Options Available
DSCR Loan Qualification
The "How To Qualify" for a DSCR Loan:- Qualify on property's rental income
- No personal income verification
- No tax returns or financials needed
- No Dept-to-Income (DTI) Ratio
- No Limit on financed properties
- No lease is needed (Market rent can come from appraisal)
- Use IO feature to calculate DSCR of Fixed or ARM loan
- Gifts are allowed for Down Payment (subject to terms)
- Minimum credit score 620 (Get better rates with higher FICO)
- Minimum Reserve Requirement
- No Recent Foreclosure or Bankruptcy
- Close mortgage in 8 days (after appraisal come in)
Eligible Property Types
The Properties We Can Currently Lend to:- Single family rental houses (SFRs)
- 1-4 units multi-family properties (duplex, triplex, 4-plex)
- Planned Unit Development (PUD)
- Warrantable Condos
- Non Warrantable Condos
- Modular Homes
- Townhomes
- Airbnb, VRBO, Condotel
- 1031 exchange eligible
- 2-10 Units *Now Available*
Ready to Invest?
Detailed consultation for your DSCR loan scenario.