DSCR
A debt service coverage ratio mortgage, known as "DSCR Mortgage", is the ratio of operating income available to debt servicing for interest, principal, and lease payments. It is a popular benchmark used in the measurement of an individuals ability to produce enough cash to cover it's debt payments.
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Just Use Rental Income to Qualify
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Never show tax returns
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Purchase or Cash-Out
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Unlimited Properties
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Irrevocable Trust
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Fund Into Corporation or LLC
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No Pre-Pay Options
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Long Term Rental
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Short Term Rental
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1-50 Units
UP TO
80%
LTV - PURCHASE
80%
LTV - RATE & TERM
75%
LTV - CASH OUT
40, 10Yr I/0
YEAR FIXED
IO OPTIONS
$150 up to $5M
Because a DSCR mortgage quickly identifies a borrower’s ability to repay without requiring income verification, we use it to help real estate investors qualify to buy new properties. Some real estate investors might not be eligible for a standard loan because they deduct expenses from their properties. Or, derrive their income in unuiqe ways.
Real estate investors can qualify for our debt service coverage ratio loan more efficiently since they are not required to provide proof of income in the form of tax returns or pay stubs, which investors either don’t have or don’t accurately reflect their real income due to write-offs and business deduction.
What are DSCR Mortgages?
STATES WE LEND IN
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Looking for lending in a state not listed? We do lend in other states on a case-by-case scenario. Give us a call to see what we can do for you.