Looking for a Lender for 80% DSCR Cash-Out Refinance

Richmond, Virginia
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Looking for a Lender for 80% DSCR Cash-Out Refinance

Hari Bansha Dulal
Member since 2023 · 12 posts · 2 votes

Hi, I'm looking for a lender that can do an 80% LTV (ARV value) DSCR cash-out refinance on a property with a 3-month seasoning period. The key requirement is that the lender does not report to my personal credit—the property is held in my LLC, and I want the loan to report under the business.

I'm looking for reasonable rates and terms, so if you know a lender who meets these criteria, please let me know. Open to referrals and recommendations!

Thanks in advance!

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Ko KashiwagiPro Member
Lender · Los Angeles, CA · Member since 2022 · 967 posts · 445 votes
1y

Hi Hari,

Should be doable as long as it debt covers at 80% still with good credit. Happy to take a look

310-848-9776
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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y

    Hi Hari, 

    While there are DSCR lenders that do not report the mortgage on your credit report, you are still required to have a personal guarantee on a 1-4 Unit Residential Loan. The property can be closed in entity with this loan, however for qualifying credit, lenders will use your personal credit and experience.

    It is more common in a 5+ Unit commercial loan to see a non-recourse style structure like you mentioned on your post. 

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    0Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y

    But yes, there are options to do 80% LTV cash out on the new appraised value, with no seasoning as long as there is documented rehab. There will need to be a PG however.

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    0Reply
  • Hari Bansha Dulal
    OP
    Member since 2023 · 12 posts · 2 votes
    1y

    Thanks, @Erik Estrada. Do you know a lender that does 80%?

    0Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y
    Quote from @Hari Bansha Dulal:

    Thanks, @Erik Estrada. Do you know a lender that does 80%?

    Yes
    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    0Reply
  • Bobby FeinmanBusiness Member
    Lender · VA Beach, VA · Member since 2019 · 932 posts · 93 votes
    1y

    @Hari Bansha Dulal

    Hari

    Our DSCR program will go to 80% cash out depending on the state. Is the property in Virginia? I see you're in Richmond. We are headquartered in VA Beach!

    Bobby

    [email protected]757-222-5937
    0Reply
  • Hari Bansha Dulal
    OP
    Member since 2023 · 12 posts · 2 votes
    1y

    @Erik, I am fine with them using my personal credit and experience. I can guarantee the loan. It is just that I don’t want it be reported to my personal name. That’s how I have done with most my dscrs. Do you know any lenders with reasonable rate that can do this? Pls let me know. 

    0Reply
  • Brian ValdiviaBusiness Member
    Investor · Kingsville, MD · Member since 2017 · 102 posts · 20 votes
    1y

    Hey Hari!

    I definitely understand what you are looking for. We can close an 80% LTV DSCR cashout refinance with 3 month seasoning in your LLC. We have more than 100 Five Star Reviews. Give us a shout, talk soon!

    Beltway Lending5192 Reviews
    WebsiteView Page
    1Reply
  • Hari Bansha Dulal
    OP
    Member since 2023 · 12 posts · 2 votes
    1y

    @Brian Valdivia how do i contact you?

    0Reply
  • Ko KashiwagiPro Member
    Lender · Los Angeles, CA · Member since 2022 · 967 posts · 445 votes
    1y

    Hi Hari,

    Should be doable as long as it debt covers at 80% still with good credit. Happy to take a look

    310-848-9776
    1Reply
  • Bryan MaddexBusiness Member
    Lender · Charlotte, NC · Member since 2015 · 160 posts · 76 votes
    1y

    @Hari Bansha Dulal  I am a mortgage broker and we have several options for 80% cash out refinances with 3 months seasoning with lenders that do not report to personal credit. 

    I will send you a DM. 

    Bello Mortgage powered by Coast2Coast Mortgage
    WebsiteView Page
    1Reply
  • Lance S.
    Clermont, FL · Member since 2016 · 34 posts · 6 votes
    1y

    @Bryan Maddex how many points do you require for cash out refi? Thanks

    0Reply
  • Bryan MaddexBusiness Member
    Lender · Charlotte, NC · Member since 2015 · 160 posts · 76 votes
    1y
    Quote from @Lance S.:

    @Bryan Maddex how many points do you require for cash out refi? Thanks


     Hey Lance, it all depends on what options the lenders have. Some lenders will have no point options and some lenders will only have 2 point options. Reach out to me and we can talk details and find the best lender / rate / points for your situation!

    Bello Mortgage powered by Coast2Coast Mortgage
    WebsiteView Page
    0Reply
  • Dean Eichmann
    Lender · 900 Old River Rd Bakersfield, CA 93311 · Member since 2025 · 3 posts · 0 votes
    1y

    Hey Hari,

    We may have a solution that fits your needs! We offer DSCR cash-out refinance loans with up to 80% LTV based on ARV, and we can structure the loan under your LLC without reporting to your personal credit. Our goal is to provide competitive rates and flexible terms to help investors like you scale efficiently.

    Let’s discuss your options—email us at [email protected], and we’d be happy to go over the details. Looking forward to connecting!

    0Reply
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