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Updated over 3 years ago on . Most recent reply

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Chris K.
  • Investor
  • Florida
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179
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DSCR loan work for STR?

Chris K.
  • Investor
  • Florida
Posted

Does DSCR loan apply to a property you are looking as a STR and not as a LTR?

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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
Replied

@Chris K.

STR works for some DSCR lenders, not all. There are several that still won't do them. Make sure the broker you're working with is pricing the loan with the right lender.

  • Stephanie P.
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