DSCR Loan Highlights
- 30 Year Fixed Rate Terms
- No Income Required
- Rate & Term or Cash Out Available
- Finance in an LLC
30 Year Fixed Rate Rental Loans
DSCR - Debt Service Coverage Ratio
Residential Investment Lending Based On The Cashflow Potential Of The Home.
Designed For Seasoned Investors Looking For A Low-Documentation Program, Without The Hard Money Interest Rates And Terms.
This is a called a DSCR (Debt Service Coverage Ratio) Loan Program. When the appraisal is ordered, a licensed appraiser performs a standard residential appraisal report, along with a supplemental report called a Market Rental Analysis which provides the average market rent for similar homes in the surrounding area.
This number is then compared to the full monthly payment on the new loan.