Q: Can I use Bitcoin or other crypto for DSCR Loan Reserve Requirements?
A: Bitcoin and other crypto assets such as Ethereum (“ETH”) and Bittensor (“TAO”) have begun emerging in recent years as material forms of savings and liquid assets, although the mortgage industry, DSCR Lenders included, has been slow to adopt guidelines to these changes. Some forward-thinking lenders have begun to allow these crypto assets to be utilized for liquid asset reserves, often with a heavy haircut (i.e. 30%) and documentation requirements, such as only allowing it to be counted if held spot at a mainstream and well-known exchange or custodian such as Coinbase or Gemini.

More: ⬇️ ⬇️⬇️

DSCR Loan Borrower Financials Qualification Overview: Down Payment & Liquid Asset Reserves
https://lnkd.in/gy9XG7nj

Get FREE e-Book: 10 Obstacles for DSCR Loans and How to Overcome Them!
https://lnkd.in/gC2gWcN8

Apply for a DSCR Loan: Web App
https://lnkd.in/gghjB4qx

Get "The Book on DSCR Loans" on Amazon! Short-Term $2.99 Kindle Sale
https://lnkd.in/gcY2S5xS