Looking for DSCR Lender for $115K Loan – 20% Down

Member since 2025 · 8 posts · 6 votes

Hi everyone,

I'm looking for a DSCR lender that can help with a $115,000 loan amount. I’m putting 20% down, and the property is an investment rental.

Most lenders I’ve spoken to have higher minimum loan amounts ($100K+), so I’m hoping someone here has experience with a lender that works with smaller balances in this range.

Any recommendations or broker referrals would be appreciated!

Thanks in advance 🙏

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Simon Powe

Member since 2025 · 11 posts · 18 votes

Hi, question for the lenders. With a Fico of 820 and 30% down, what does the turn around time, rates and fees look like on a 250k multifamily?

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Brandon Croucier
Lender · Nashville, TN · Member since 2024 · 700 posts · 284 votes
1y
Theres plenty of lenders around here who can help! Happy to connect!
0 Reply
Brandon BeardtPro Member
Lender · La Crescenta, CA · Member since 2021 · 261 posts · 157 votes
1y
Quote from @Neela David:

Hi everyone,

I'm looking for a DSCR lender that can help with a $115,000 loan amount. I’m putting 20% down, and the property is an investment rental.

Most lenders I’ve spoken to have higher minimum loan amounts ($100K+), so I’m hoping someone here has experience with a lender that works with smaller balances in this range.

Any recommendations or broker referrals would be appreciated!

Thanks in advance 🙏

I've done plenty of deals down to a $50k loan amount with minimum appraised value at $75k.
[email protected]818-726-2418
0 Reply
Nate HerndonPro Member
Lender · Springfield, MO · Member since 2023 · 277 posts · 195 votes
1y
@Neela David here is what that DSCR loan would like for Ohio investors that I work with. The Cleveland area is doing really well for residential investments! Wise choice looking in that area.
[email protected]417-605-2196
1 Reply
Scott WolfPro Member
Lender · Boca Raton, FL · Member since 2014 · 1k+ posts · 957 votes
1y
Quote from @Neela David:

Hi everyone,

I'm looking for a DSCR lender that can help with a $115,000 loan amount. I’m putting 20% down, and the property is an investment rental.

Most lenders I’ve spoken to have higher minimum loan amounts ($100K+), so I’m hoping someone here has experience with a lender that works with smaller balances in this range.

Any recommendations or broker referrals would be appreciated!

Thanks in advance 🙏

We can definitely get this done for you. Feel free to give me a call.
0 Reply
Andrew Zamboroski
Lender · Member since 2021 · 495 posts · 130 votes
1y
Quote from @Neela David:

Hi everyone,

I'm looking for a DSCR lender that can help with a $115,000 loan amount. I’m putting 20% down, and the property is an investment rental.

Most lenders I’ve spoken to have higher minimum loan amounts ($100K+), so I’m hoping someone here has experience with a lender that works with smaller balances in this range.

Any recommendations or broker referrals would be appreciated!

Thanks in advance 🙏
Happy to connect. Midwest based and that’s a loan size we do all of the time.

Cheers.
0 Reply
Dalton Summers
Real Estate Broker · Cleveland, OH · Member since 2023 · 49 posts · 32 votes
1y
Sure, give me a shout and I can provide you a rate quote. I've got 3 lender options for loan amounts under $100k. I'm also local to Cleveland area.
0 Reply
Simon Powe
Member since 2025 · 11 posts · 18 votes
1y
Hi, question for the lenders. With a Fico of 820 and 30% down, what does the turn around time, rates and fees look like on a 250k multifamily?
2 Reply
- Simon Powe
  Member since 2025 · 11 posts · 18 votes
  1y
  Quote from @Simon Powe:
  
  Hi, question for the lenders. With a Fico of 820 and 30% down, what does the turn around time, rates and fees look like on a 250k multifamily?
  
  In cleveland ohio BTW
  1 Reply
- Nate HerndonPro Member
  Lender · Springfield, MO · Member since 2023 · 277 posts · 195 votes
  1y
  Quote from @Simon Powe:
  
  Hi, question for the lenders. With a Fico of 820 and 30% down, what does the turn around time, rates and fees look like on a 250k multifamily?
  
  Hey Simon, here's what that would look like on a program I regularly use for Cleveland investors. My target closing timeline on a 30-year fixed DSCR loan is always four weeks from receiving appraisal payment.
  • Loan summary & application
  • Appraisal payment, initial documents requests, title/insurance orders (2-week front-end processing)
  • Lender processing, underwriting, closing (10-14 days)
  
  [email protected]417-605-2196
  0 Reply
Bernadeau C.Pro Member
Rental Property Investor · Orlando, FL · Member since 2014 · 540 posts · 230 votes
1y
i have several options for those type of deals. let's connect. send me a DM.
-TCH Funding Group
0 Reply
James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
1y
Quote from @Neela David:

Hi everyone,

I'm looking for a DSCR lender that can help with a $115,000 loan amount. I’m putting 20% down, and the property is an investment rental.

Most lenders I’ve spoken to have higher minimum loan amounts ($100K+), so I’m hoping someone here has experience with a lender that works with smaller balances in this range.

Any recommendations or broker referrals would be appreciated!

Thanks in advance 🙏

I've got a whole roster of investment friendly lenders. CLICK HERE.
0 Reply
Kimberly J Adams
Member since 2025 · 4 posts · 0 votes
1y
Yes FMS Investor Financing we offer the lowest loan amounts for DSCR loans. Feel free to give me a call at 773 414 2724 Kimberly Adams www.fmsinvestor.com
0 Reply
Zachary DealPro Member
Lender · Member since 2023 · 464 posts · 425 votes
1y
Would be happy to help out!
[email protected]
0 Reply

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