DSCR Loans
Our DSCR program provides long-term financing to landlords, vacation rental, and portfolio investors seeking to purchase or refinance residential properties. We can finance single properties or portfolios.
- Loan Amount: $100,000 - $20,000,000
- Loan to Value: Up to 80% LTV
- DSCR: As low as 1.00
- Loan Rate: Starting at 6.50%
- Rate Type: Fixed rate, interest-only, or adjustable
- Interest Payments: Monthly, reserves escrowed
- Origination Fee: 1.50-2.00%
- Property Type: SFR, 2-4 Units, Condos, PUDs
- Loan Type: Purchase or refinance
- Loan Term: 3 or 5 year adjustable, or 30 year fixed
- Closing Time: Within 15 days from full file receipt
- Borrower: Individual or Business entity
- Credit Score: Starting at 660
- Geography: Nationwide except AZ, DE, NV, ND, SD