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Looking to purchase an investment property? How about a 30-Year DSCR loan with no income docs required and a fast closing? โ No income, no employment, no DTI necessary. Refinance or purchase using either your existing rental income or using comparable market rents, with rates starting as low as 7.5% (7.875% APR). ๐ Qualifying for a mortgage on an investment property can be tricky, particularly if the borrower owns multiple properties. With a DSCR (debt service coverage ratio) loan, the only income that we have to think about is the potential rental income from the subject property. ๐๏ธ Investment properties only ๐ฐ Max loan amount up to $4M ๐ 85% LTV on purchase, 80% LTV on rate & term refinances, 75% LTV on cash-out ๐ฐ๏ธ 30 and 40-Year Interest Only Options Available ๐ก Short-term rental income? We say yes (AIRBNB)! ๐ Not enough rental income? No problem - no ratio options ๐ 2nd mortgage options available - donโt touch your first rate! ๐ Credit score minimum is 620 ๐ข 1-8 units welcomed ๐ธ Cash-out amounts Up to $1.5M ๐ No prepayment penalty option ๐ Close in LLCโNo hassles! Your investment, your terms. Discover your customized DSCR options to fit any investment strategy. Press the "Learn More" button below to learn more โฌ๏ธ
DSCR Loan Program ๐๏ธ
DSCR loan program - qualify based on the rental income produced by the property. Loan amounts up to $4M. Close in 14 days or less.
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