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Private Lending & Conventional Mortgage Advice

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14
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1
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Angel Hernandez
  • Real Estate Agent
  • Orlando, FL
1
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14
Posts

Lender Rec. for Traveling Healthcare Providers

Angel Hernandez
  • Real Estate Agent
  • Orlando, FL
Posted Jul 26 2021, 09:44

Hello Everyone,

I am looking for a lender that has experience working with Traveling Healthcare Providers. If you know anyone, please let me know. Ive talked to some lenders that dont really understand what a travel nurse is. I need someone experienced if anyone knows any. 

Thanks

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34
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13
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Blake A. Rivers
  • Lender
13
Votes |
34
Posts
Replied Jul 26 2021, 09:55

My clients who are traveling nurses use AAA capital in Florida but they can only lend at a time where the nurses have an employment contract. If you have rental properties under your control I would look into private lenders who offer DSCR loans. DSCR loans are underwritten based on the properties cash flow and your investment experience. They do not use DTI or verify your employment.

User Stats

14
Posts
1
Votes
Angel Hernandez
  • Real Estate Agent
  • Orlando, FL
1
Votes |
14
Posts
Angel Hernandez
  • Real Estate Agent
  • Orlando, FL
Replied Jul 26 2021, 11:07

Thanks for sharing that info. Ill look into them

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