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452
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16
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Joyce Ann Magallanes
  • Lender
  • NY
16
Votes |
452
Posts

Stop Letting A Pay Stub Decide Your Next Deal

Joyce Ann Magallanes
  • Lender
  • NY
Posted

There is a specific kind of relief that comes from knowing your rental property can qualify you for financing based on what it earns, not on what your pay stub says.

That is the whole idea behind DSCR loans. You built something that produces income. It should be able to speak for itself when it is time to grow.

Programs are currently offering up to 85% LTV on purchases and up to 80% LTV on cash out refinances, with a 720 minimum credit score to qualify. Whether you are buying your next rental or pulling equity out of one that has already proven itself, this is built around the property doing the talking.

Would you like to see if your scenario qualifies? Check now

*Rates, LTV, and program terms are subject to change and vary based on borrower credit profile, property type, and market conditions. Not all applicants or properties will qualify. This is not a commitment to lend.

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