DSCR loan Purchase Rental Property/Investment Property Based on Rent. No DTI!

[David Sun]

You can buy your rental property or investment propert with a conforming loan. That is, you provide your paystub, tax returns, etc. The bank qualifies you based on the total debt / income, usually 50% for conventional loan or 43% for jumbo loan. But with your rental property number increases, and the high interest rate, it's sometimes impossible to be qualified with the conforming loan.

Please consider our DSCR loan, which is qualified based on the appraised rent of the subject rental property. Your other rentals and liability don't count. The rate is actually not bad. With 40% down, 760 credit score, 5yr prepay penalty, you may get 30yr 6.625/ APR 6.75. You can also go as low as 20% or even 15% down, less year of prepay, but the rate will be higher.

To check if you are qualified, please click the link below. Scroll down to the special program and click DSCR Rental Flow

https://agent.gmccloan.com/gmcc/davidsun

David Sun

Mortgage Loan Originator

NMLS# 1953227

W: www.30yrloan.com

✉ [email protected] | Apply loan

Licensed in AZ, CA, FL, HI, TX, VA, and WA