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Updated almost 3 years ago on . Most recent reply

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Zachary Vanison
  • New to Real Estate
  • Dallas, Tx
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Multi family funding

Zachary Vanison
  • New to Real Estate
  • Dallas, Tx
Posted

Hey guys who do you recommend for DSCR loans thats new investor friendly

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Devin Peterson
  • Lender
  • Sarasota, FL
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Devin Peterson
  • Lender
  • Sarasota, FL
Replied

Hi Zachary, lots of reliable DSCR brokers and lenders on here. I recommend using the Build Your Team tab at the top of the page or navigating to preferred lenders in the BP forums. Either way, here's some simple DSCR expectations:

Purchases 80LTV

Cash outs 75TLV

640+ FICO you should be able to find a lender that can use that as a score

DSCR 1.00-.125 is the sweet spot

Min Loan Amount is roughly $75,000 for all DSCR lenders on a single property

Good luck!

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