Looking for a Dscr Loan

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Looking for a Dscr Loan

Jonathan KrauserPro Member
Member since 2023 · 40 posts · 16 votes

I am purchasing a duplex for $390K with 25% down. I have a credit score of over 800.  The current rental income is $3,600 per month, and the property does not need any rehab.  Who can give me the best deal for the loan?  

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Zach Edelman
Lender · New York, NY · Member since 2022 · 1k+ posts · 1k+ votes
1y

Recommend looking at BP's recommended list for DSCR lenders.

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  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    1y

    holla at @Jayson Cain

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  • Mary Ainsworth
    Lender · San Diego, CA · Member since 2022 · 235 posts · 94 votes
    1y
    Quote from @Jonathan Krauser:

    I am purchasing a duplex for $390K with 25% down. I have a credit score of over 800.  The current rental income is $3,600 per month, and the property does not need any rehab.  Who can give me the best deal for the loan?  


     Hey Jonathan, I could did some calculations and could do:

    • 80% LTV
    • 6.20% rate
    • TLA: 312K
    • 5 year ppp
    • NO points for your first deal with us

    Let me know if you're interested 

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