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Updated over 1 year ago on . Most recent reply

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Ronald Ped
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Are theres any lenders currently that are allowing investors to bring in a second?

Ronald Ped
Posted

Hey folks, I'm curious if there are currently any lenders out there that are allowing second positions on deals?

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Devin Peterson
  • Lender
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Devin Peterson
  • Lender
Replied
Quote from @Shafi Noss:
Quote from @Devin Peterson:

DSCR has second-lien equity loan options. What exactly are you looking for?

What do these look like?

Depends on the scenario and what you're looking to do no loan is the same. Most situations, people are looking to tap into remaining equity of their investment property without touching the first low interest rate you can do a second home equity on using DSCR to 70% CLTV

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Miller Mortgage
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