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Account Closed
  • Rental Property Investor
  • North Conway, NH
16
Votes |
69
Posts

Lender that will loan based on rental income

Account Closed
  • Rental Property Investor
  • North Conway, NH
Posted

Has anyone recently used a lender that lends based on the rental income of a property? I'm looking for lender recommendations as well as how the rental income is used for qualification purposes and down payment requirements. 

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Caroline Gerardo
  • Lender
  • Washington DC
2,338
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Caroline Gerardo
  • Lender
  • Washington DC
Replied

It's called Debt service ratio, can do. The appraiser determines the market rents. 

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