DSCR Mortgage News and Updates
DSCR Loans Up to 85% LTV
A Debt Service Coverage Ratio (DSCR) loan qualifies the borrower based on the subject property's cash flow. However, it’s important to note that we also offer DSCR programs that do not require a debt service coverage ratio at all. This option, commonly known as a No Ratio DSCR program, is ideal...
DSCR Loan Program Update: Expanded Flexibility for Investors
Our Debt Service Coverage Ratio (DSCR) loan program has been updated with new guidelines designed to give investors more options when financing or refinancing rental properties. Key Program Updates 1. Vacant Properties Now Eligible Refinances: Vacant 1–4 unit properties are allowed with a maximum...
DSCR Up to 85% LTV- First Time Investors OK! 620 min Fico
We are one of the few mortgage companies that offer 85% financing for a DSCR loan program. We are very well known for our creative DSCR loan programs. We offer over a dozen DSCR loan programs to help you finance your investment properties. Program Highlights Our DSCR mortgage program comes packed...
Understanding DSCR Refinance: How Gross Rents Are Calculated
Did you know that when doing a DSCR refinance, monthly gross rents are determined by the higher of the actual lease or the market rent listed on the appraisal form (1007/1025)? Here’s how it works: If the actual lease amount is higher than the market rent, lenders will require two months of proof...
DSCR Loans Built for Short-Term Rentals
Do you own an Airbnb or VRBO property, or are you considering buying one? Financing a short-term rental (STR) property doesn’t have to be complicated. Our DSCR Short-Term Rental Program is designed specifically for investors with short-term rental income. Unlike conventional mortgages, this...
Short-term rentals DSCR loans
Our real estate investors, who own or manage short-term rental properties listed on platforms like Airbnb, VRBO, Vacasa, or others, turn to us for their mortgage financing. We specialize in Debt Service Coverage Ratio (DSCR) loans, which are explicitly designed for investors. Short-Term Rental...