DSCR Loans in Philadelphia

[Jamal Jenkins]

Hello BP Family! I am looking to start my Real Estate journey. Does anyone know of a DSCR Loan program that doesn't require you to own a primary residence, no credit check and no income.

Thanks in advance!

[AJ Exner]

Hey Jamal,

So most DSCR programs are going to require, at the least, a 'soft' pull of your credit, just to mitigate their risk when it comes to long term debt. But primary ownership and income are not necessary.

Are you also hoping to rehab or just buy and hold? Credit requirements will shift pretty considerably based on the type of loan you are going after.