DSCR Rental Loans
- Rental loans are a great way to finance investment properties that produce cashflow
- Targeted for Buy and Hold investors
- Excellent source of long-term financing
- Refinance a Bridge Loan upon property stabilization
- Avoid the traditional bank process and still achieve low long-term financing
- 3.75% – 6%
- Amortizing loans standard
- Interest only option available
- 1% origination fee
- 30 Year Fixed Rate
- ARM (i.e. 5/1 or 7/1) options available
- Interest only options available
- Up to 80% LTV
- First Lien Only
- Property must be in LLC or business entity
- New appraisal required
- If property is not rented, market rents will be used
- Minimum 600 FICO