DSCR Docs Requirement

[Dilcia Morales]

Hello Fellow Investors,

I am excited to be under contract for my first STR property, but I am getting nervous about the many things I'm already discovering. I am surprised that my lender is asking me to access Social Security Records and a tax transcript. Since this is a DSCR loan and I already provided account statements with proof of funds and my mortgage statement for the principal residence, I didn't expect much more would be required. I have no issues, but I didn't need to provide so much information, even for a conventional loan. I appreciate any feedback. Thank you.

[Christian W Campos]

Holy moly.
You're right.
DSCR paperwork is usually less paperwork than a standard conventional loan.
Standard conventional loan rates are better than private or hard money.
Who's your lender? 
I have an amazing standard conventional lender if you're interested.