A DSCR Loan is for investors and mainly qualifies the property and its projected income rather then than the borrower. For more information, click here to read more about it. We currently have a loan with the following minimal documentation:
- 85% LTV for Purchase, Rate & Term Refi
- 75% LTV for Cash-Out
- Loan amounts to $3,500,000
- Down to 620 FICO
- Non-Warrantable Condos OK
- Investment Properties only
- No Limit on Financed Properties
- Gift funds allowed
- Short term rentals! Airbnb, VRBO
- 15, 30 and 40-year fixed terms
You may email me at Albert@PropertyLender.com for more information and questions. Because each transaction is unique, terms and conditions are subject to change including the program no longer being available.