Wholesale/Direct Lender that specialize in STR DSCR

Mortgage Brokers & Lenders
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Wholesale/Direct Lender that specialize in STR DSCR

Dalton O'Donnell
Member since 2023 · 19 posts · 3 votes

Hey!

I am a Mortgage Broker that is looking to increase our STR DSCR business. We are looking to add 1-2 more lenders that we can broker with that specialize in STR properties. Ideally, they use AIR DNA/Similar data or have an in house committee that decide the income used for the DSCR ratio. We currently use Visio and Easy Street for our STR deals. We love Visio because their underwriting is efficient and simple. Hoping to find another lender similar to them. Any recommendations?

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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y

    Have you tried Forward Lending? I like to use them for STRs as I have more control of submissions and appraisals. They are a true wholesale lender unlike the others you listed. 

    You also might want to try A&D Mortgage. I have closed files with them in 2 weeks. UW is very fast. 

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
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  • Dalton O'Donnell
    OP
    Member since 2023 · 19 posts · 3 votes
    1y

    Thanks, @Erik Estrada, do you have a rep you like that you can connect me with?

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