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Updated over 2 years ago on . Most recent reply

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Hyeseong Park
  • Rental Property Investor
  • Philadelphia, PA
17
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68
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Is there any lender that doesn't require bank statement for DSCR loans

Hyeseong Park
  • Rental Property Investor
  • Philadelphia, PA
Posted

If anyone knows, it would be great to know some lenders who don't require it as my house is free and clear! (no debt in it) I found some lenders do this so hope you don't say "Most lenders will go with bank statements". (I know it :))

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Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

DSCR Lenders will generally allow multiple sources for liquid assets, including cash-out proceeds, and statements from retirement or investing accounts. Some may even take BTC or other crypto-related accounts (slow adaption though!)

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Harpoon Capital

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