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Updated about 2 years ago on .

User Stats

824
Posts
287
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Stacy Raskin
  • Lender
287
Votes |
824
Posts

Get Cash Out of Your Investment Property with no Personal Income Needed for the Loan

Stacy Raskin
  • Lender
Posted

DSCR loans are a great way to supercharge your investment goals and net worth. Depending on the loan program, the mortgage will only be qualified off of your middle credit FICO credit score, down payment and market or actual rents.

More details:

  • Loans available for cash-out
  • Credits score down to 620
  • LTV are up to 75% for cash out.
  • Cash out limits depend on property value, credit score and if the property is vacant.
  • Non-warrantable condos and condotels permitted.
  • Rate buydown feature available.
  • DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.
  • Short term rentals can be structured off of 12 month short term rental history.
  • Inquire for additional details.

I work on DSCR loans in all U.S. states except for Arizona, Idaho, Iowa, Michigan, Minnesota, Nevada, North Dakota, Oregon, South Dakota and Utah. I look forward to hearing from you.

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Bright Skyline
5.0 stars
15 Reviews
Offering