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Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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What Information Is Needed for a DSCR Loan Quote?

Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Posted


🤔What Information Is Needed for a DSCR Loan Quote?
➡️Almost all DSCR Lenders and mortgage brokers will gladly speak to potential borrowers about what their loan options may look like before requiring a full application or anything more than a light inquiry or message. Generally, lenders will need to know the following information to provide a quote:
👉 Property Address
👉Property Type (i.e. how many units)
👉Transaction Type (i.e. acquisition or refinance, plus if it’s going to be a cash-out)
👉Estimated Credit Score
👉Estimated Information to Calculate DSCR Ratio (rents, property taxes, insurance, HOA)
👉Desired Loan Amount or Leverage (i.e. LTV)

DSCR Loan Process & Documents Overview: Stage 1: Quotes and Pre-Qualification
https://harpooncapital.com/dscr-loans-guide/dscr-loan-proces...

Get FREE e-Book: 10 Obstacles for DSCR Loans and How to Overcome Them!
https://harpooncapital.com/contact

Apply for a DSCR Loan: Web App
https://apply.harpooncapital.com/

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