DSCR loan - rates/lender check pls
Hi there, currently looking into the DSCR (cashout refi) loan products, and I am trying to lean into a lender with the lowest possible rate/cost above all else. Here are some details: LTV approximately 70-75%, 740+ credit score, and 1.2+ ratio on the rental. I have a net worth of approx 1M and investing for about 5 years now.
What are rates looking like averaged out right now? I am seeing 7's, but not directly from lenders- Moreso from a quick google search.
Your help is appreciated!!!
- Derek