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Updated over 1 year ago on .

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4,576
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,422
Votes |
4,576
Posts

Best Iowa Small Multifamily (5-10 Units) Lender - Easy Street Capital

Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Posted

Why is Easy Street Capital the best Lender for Iowa Multifamily DSCR Loans??

👉Borrower-Friendly Terms vs. Banks!

✅30-Year Fixed Rate Debt (1st 10 Years IO Available)
✅Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
✅1.15x DSCR Minimum (DSCR only takes into account tax and insurance expense!)

👉EASY Qualification!

✅640 Minimum FICO Score (Partners/LLCs OK)
✅No PCR or Phase 1 Required
✅No Tax Returns / No Income Verification

👉Ultimate Flexibility

✅Short Term Rentals / Unleased Properties OK!
✅Available in 46 States, Rural Markets OK (up to 65% LTV)
✅Full Spectrum of Prepayment Provisions, No Lockout Period!

5-Minute Web App for Multifamily DSCR Loans!

Free Article: Multifamily DSCR Loans: New Loan Option for Real Estate Investors

  • Robin Simon
  • [email protected]
  • Offering
    Cedar Rapids, Iowa