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

[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 🙏

[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?