Let Us Show You How A DSCR Loan Might Be A Solution
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- Subject Property Rental Income used to Qualify
- No Income & No Employment & No Tax Returns needed
- 640 Minimum Credit Score (FICO)
- Loan amounts from $200k to $3,000,000
- Max cash in hand $1,000,000, no limit for LTV<55%
- Single Family/2-4 Units/Warrantable and Non-Warrantable Condos/Condotels
- Max 85% LTV
- First-Time Investors Allowed
- Less Than 1.00 DSCR Okay
- Stabilize Payment with Interest Only Option
- Gift Funds Allowed
- Condotels
*Additional documents may be required for eligibility. Not all self-employed borrowers will qualify. 6 month adjustable starting rate 3.99% and APR of 4.889% Based on 740 score at 75% loan to value with a loan amount of $750,000. Full disclosure detailed here.