Dscr Loan Question

[Jose Alonsoo]

Good evening real state family. Blessin to all of you.

I have a property that i am trying to negotiate using a DSCR loan. My question is how do i get the loan approval before i negotiate the property if they ask me for proof of funds. I will have nothing to show any advice will be greatly appreciated. How do i get the DSCR pre approve to show the seller?

Thank you

[Aryia Bala]

There are different documents that you could get from your Lender to present: Proof of Funds, Term Sheet, Pre-approval. Ask your broker/agent what they are looking for and reach out to your lender. We generally provide POF