Rental Loans (DSCR)
We Prioritize quick and in-house decision-making. In just one minute, provide us with details of your project. Our promise is to deliver a loan commitment on the same day and complete the closing process within seven business days. Plus you’ll have the support of a dedicated and experienced account manager available whenever you require assistance.
Get your quote
Rental Loans (DSCR)
We Prioritize quick and in-house decision-making. In just one minute, provide us with details of your project. Our promise is to deliver a loan commitment on the same day and complete the closing process within seven business days. Plus you’ll have the support of a dedicated and experienced account manager available whenever you require assistance.
Get your quote
Investing in rental properties is a widely chosen path in real estate. Selecting the right financing, including Rental / Debt Service Coverage Ratio (DSCR) loans, plays a pivotal role. Traditional lending methods can be sluggish and intricate, potentially jeopardizing your investment opportunities.
On the contrary, private rental / DSCR loans prioritize efficiency. They focus on the property’s investment potential rather than relying heavily on your personal income, making them a favored choice for financing, particularly in today’s volatile market climate.
Rental Loans (DSCR) Terms
- 100K-10M Loans
- 1-4 Unit residential (up to 2M)
- 5-100+ Units (Up to 10M)
- Blanket loan (2-500 units) Purchase or Refinance
- Purchase/ Refinance Or Cash-out options
- 30 year/15/ year amortization options
- No Tax returns required
- Various prepay options available
- Low DSCR requirements
- Foreign Nationals accepted
- Nationwide financing
- Fair & transparent closing costs
Top 5 Advantages for Investors with DSCR Loans
Commonly asked questions
The primary advantage of a DSCR loan is its reliance on the borrower's credit and property cash flow, rather than their personal income. DSCR loans are recognized for their "low-doc" nature, in stark contrast to conventional loans, which demand extensive documentation for processing.
Obtaining a conventional loan can pose challenges for Real Estate Investors due to the stringent criteria imposed by Fannie Mae and Freddie Mac. These criteria can be intricate and make securing a conventional loan difficult for many investors. This is where a DSCR Loan can be more appealing to real estate investors facing that challenge.
To be eligible, a minimum FICO score of 660 is required. Your credit score will directly influence the quoted interest rate.
The highest allowable Loan-to-Value Ratio (LTV) stands at 80% for refinancing, 75% for cash-out, and 80% for purchases. However, these ratios may vary depending on factors such as your creditworthiness, the property's location, and its Debt Service Coverage Ratio.
Indeed, we do provide financing for short-term rental properties.
Yes, we do and we have various loan terms for Multi family DSCR Loans
A seasoning period of six months is required.
Case by case please reach out to someone on our team and we will see if we can qualify your property