Updated 28 days ago on . Most recent reply
Experience with DSCR loans
I was curious if any investors have experience with DSCR loans and what their opinions of them are.
Most Popular Reply
Hey Will,
tons of options, and tons of experience - what exactly are you looking for? For the most part DSCR loans solve 99.99% of the problems traditional financing proposes. There is no income, tax returns, w2s, etc. involved. Simply stated, as long as the property can generate enough income to cover your monthly PITI (mortgage payment) any lender should offer and extend your terms. It is a simple 1:1 ratio. You can get really creative with different structures as well (am schedule, PPP, I/O, buydown, etc,) very creative and fun loan product for investors! Happy to connect - good luck!
tons of options, and tons of experience - what exactly are you looking for? For the most part DSCR loans solve 99.99% of the problems traditional financing proposes. There is no income, tax returns, w2s, etc. involved. Simply stated, as long as the property can generate enough income to cover your monthly PITI (mortgage payment) any lender should offer and extend your terms. It is a simple 1:1 ratio. You can get really creative with different structures as well (am schedule, PPP, I/O, buydown, etc,) very creative and fun loan product for investors! Happy to connect - good luck!
- Devin Peterson
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- 860-538-3672
ProAlpha Capital
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