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Updated 2 days ago on .

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4,198
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Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
  • Lender
1,320
Votes |
4,198
Posts

DSCR 2nd Mortgages

Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
  • Lender
Posted

Requirements: 

1. 680 FICO or better

2. DSCR of 1.00 or Greater, Rent must cover 1st PITI and 2nd P&I

3. Minimum Loan Amount $75,000

* STR/Vacation Rentals are allowed

* 0 PPP options available 

* Rural (Case by Case, 65 CLTV Max)

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