DSCR Refi - Value based off appraisal not list price?

[Joseph Pytcher]

Are any of you loan brokers aware of a lender that can do a DSCR refinance based off the appraised value instead of a recent list price?

[Raymond J. Rodrigues]

Yes I have plenty of DSDR lenders that I work with that will lend to you based on appraised value, not sold price, with zero seasoning, meaning you can buy today and refinance tomorrow, when doing a cash out refinance. None will do this on a purchase because they only lend on the lesser of the two whether it be sales price or appraised value. Feel free to reach out with any questions.