Investor programs
Debt-Service Coverage Ratio (DSCR)
DSCR loans offer flexible financing for real estate investors. They focus on property cash flow over personal income and are ideal for rental properties and portfolio growth.
Announce coming events
Having a big sale, on-site celebrity, or other event? Be sure to announce it so everybody knows and gets excited about it.
Display real testimonials
Display real testimonials
Are your customers raving about you on social media? Share their great stories to help turn potential customers into loyal ones.
Promote current deals
Promote current deals
Display real testimonials
Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
Share the big news
Promote current deals
Share the big news
Have you opened a new location, redesigned your shop, or added a new product or service? Don't keep it to yourself, let folks know.
Display their FAQs
Promote current deals
Share the big news
Customers have questions, you have answers. Display the most frequently asked questions, so everybody benefits.
DEBT-SERVICE COVERAGE RATIO (DSCR) details
Summary
A Debt-Service Coverage Ratio (DSCR) loan program is a flexible financing option designed for real estate investors. It focuses on the cash flow generated by the property rather than the borrower's income. Here's a quick breakdown:
- Key Focus: The property's income (rents or projected rents) must cover the debt service (loan payments), typically requiring a DSCR of 1.0 or higher.
- Eligibility: Ideal for investors who prefer to qualify based on property performance rather than personal income or tax returns.
- Advantages:
- Streamlined application process with minimal documentation.
- It allows for funding of investment properties, including short-term rentals, Airbnb, VRBO, Purchases, Rate and term, or Cash-Out.
- Often offers competitive rates and terms.
- Considerations: Some programs may have specific requirements for property types, loan-to-value (LTV) ratios, and minimum DSCR thresholds.
This program is a smart choice for seasoned or first-time real estate investors aiming to grow their portfolios efficiently.
Program Highlights
- 1-4 Unit Investment Properties
- 5+ Unit Multi-Family, Mixed Use- Flexible
- 85% LTV for Purchase and Rate & Term
- 75% LTV for Cash-Out
- First-Time Investors Allowed
- Gift Funds Allowed
- Up to $3.5MM Loan Amount
- Intrest Only Payment Used to Qualify
- Minimal Reserve Requirements - (Ask your Loan Officer for details)
- Vacant Properties Allowed Up to 70% on R/T or Cash Out
- < 1 Ratio Allowed Up to 70% LTV
- 30-year and 40-year Intrest only Options Available
- Enhanced Pricing on > 1.25 Ratio
- Intrest Only Feature Available to 80%
- Short-term rentals, Airbnb, VRBO, Purchase, Rate and Term Refi, Cash Out