Finding DSCR Loan Brokers - I Keep Reading How Important They Are

[Burt L.]

BP Nation,

I keep reading again and again how important DSCR Loan Brokers are, but have been unable to find one by searching.

How can I find one - I'm in Colorado but know there are many national DSCR lenders.

The 4 unit property is a LT hold, with with Cash-out after the approaching completed fix. Where can I find these apparently elusive creatures? I also read of the conflict of multiple credit inquiries for a mortgage will hurt your FICO, or conversely that you can have many inquiries for the same item, within a 2-3 week period. Using a mortgage broker would also seem to keep credit inquiries down as a more pin-pointed application process. 

Thank you,

[Ned Carey]

@Burt L. check out national lenders like Lima One, Lending One, Dominion Financial. These are lenders that specifically lend to real estate investors. This is a relatively new category of lenders that I don't even know a name for, But there are many of them. Also check out smaller local banks. Skip any national Bank like Wells Fargo, Bank of America etc.