Description:
DSCR Mortgage Loans are designed specifically for real estate investors to finance rental properties with ease. The main focus of these loans is the rental income generated by the property.
Investor DSCR Mortgage Loan Highlights
Unlocking Your Investment Potential: Investor DSCR Loans for Real Estate
DSCR Calculation: DSCR = Net Operating Income/PITIA (Principal + Interest + Taxes + Insurance + Association Fees)
Rental Income: The primary focus of investor cash flow mortgage loans is the rental income generated by the property, with the qualification based on the DSCR ratio. Calculate your DSCR ratio to get a better idea of the type of program needed! We have DSCR loan programs all the way down to 0.00 ratio! The best rates and terms are typically available for properties that achieve a DSCR ratio of 1.5 or above.
Loan Amount: The loan amount for DSCR loan is based on the LTV, with purchase LTV up to a maximum of 85% for a one unit property, and a cash out refinance up to a maximum of 80% for a one unit property.
No Income or Employment documentation: DSCR mortgage loans do not require documentation of the borrower's personal income, or employment, as the qualification is based solely on the rental income of the property.
Business Purpose Loan: DSCR loans are business purpose loans, eligible to close in an entity, affording additional protection and tax advantages for real estate investors.
Investor DSCR Mortgage Loan Highlights
Unlocking Your Investment Potential: Investor DSCR Loans for Real Estate
DSCR Calculation: DSCR = Net Operating Income/PITIA (Principal + Interest + Taxes + Insurance + Association Fees)
Rental Income: The primary focus of investor cash flow mortgage loans is the rental income generated by the property, with the qualification based on the DSCR ratio. Calculate your DSCR ratio to get a better idea of the type of program needed! We have DSCR loan programs all the way down to 0.00 ratio! The best rates and terms are typically available for properties that achieve a DSCR ratio of 1.5 or above.
Loan Amount: The loan amount for DSCR loan is based on the LTV, with purchase LTV up to a maximum of 85% for a one unit property, and a cash out refinance up to a maximum of 80% for a one unit property.
No Income or Employment documentation: DSCR mortgage loans do not require documentation of the borrower's personal income, or employment, as the qualification is based solely on the rental income of the property.
Business Purpose Loan: DSCR loans are business purpose loans, eligible to close in an entity, affording additional protection and tax advantages for real estate investors.