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15
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Donovan Swain
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15
Posts

75% LTV Refinance, DSCR

Donovan Swain
Posted

Any Leander's still doing 75% LTV + on DSCR Loans or Conventional Loans for business? I have two properties I need to take down within 30 days. I have been through a lot, looking for a lender over the last 9 months. HML giving us hard time trying to refinance with a potential lender at a 62% LTV...

  • Donovan Swain
  • Most Popular Reply

    User Stats

    261
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    Brandon Beardt
    • Lender
    • La Crescenta, CA
    157
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    261
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    Brandon Beardt
    • Lender
    • La Crescenta, CA
    Replied
    Quote from @Donovan Swain:

    Any Leander's still doing 75% LTV + on DSCR Loans or Conventional Loans for business? I have two properties I need to take down within 30 days. I have been through a lot, looking for a lender over the last 9 months. HML giving us hard time trying to refinance with a potential lender at a 62% LTV...


     Hi Donovan,

    Most if not all DSCR lenders are still doing 75% LTV on DSCR loans. Keep shopping and find one that can help you out. My question to you is why are you capped at 62% LTV? Is it because the DSCR ratio only works at that LTV threshold?

  • Brandon Beardt
  • [email protected]
  • 818-726-2418
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