Please advise , review this numbers for me , DSCR LOAN

[Rosie Small]

75% LTV, NO SEASONING, CASHOUT REFINANCE, $ 10,000 IN DISCOUNT POINTS but 1% orig fee and $ 2000 underwriting fee. Maybe it is ,10 years interest only , 5 year ppp. I dont know.

please 

[Robin Simon]

Pretty sloppy and confusing Term Sheet in my view - a lot of DSCR lenders should have pretty similar rates and terms over the long run, so a good way to differentiate and pick out the best ones are the ones most transparent and explanatory over process and loan structure

If I were you, I would look at it like this:

$296,250 Loan Amount

8.875% Rate

4.35% points (5.43%! if you include the processing, underwriting, credit report, doc prep fees)

75% LTV

1.11x DSCR

30-year term with IO for the first 10 months 

Prepay is unclear but assuming "Hard 60 Months" = 5% for five years (another reason this is a rough/shady TS - its not clear at all what the prepayment provision is - nobody knows what "hard" means)

I don't know the exacts of the deal, but the pricing is also poor in my view, we would probably be around 8.25% with the 4.35% points or with a more reasonable 2% fee (instead of 4.35%) if at the 8.875% rate. [Note - things can change daily in this environment!)]