I'm looking for a DSCR LOAN provider

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I'm looking for a DSCR LOAN provider

Jimmy Bell
Member since 2022 路 34 posts 路 10 votes

Hi I'm wondering if anyone can recommend a DSCR loan provider that they have personally used?

Thanks Jimmy Bell

3Reply
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Tony Clark
Real Estate Agent 路 Ventura, CA 路 Member since 2020 路 340 posts 路 166 votes
2y

@Alex Bekeza is the man for DSCR!

1Reply
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  • Brett Thomas
    Member since 2022 路 18 posts 路 4 votes
    2y

    We have 10 outlets for DSCR. Happy to assist.

    0Reply
  • Juan Lizarazo
    Investor 路 UT 路 Member since 2023 路 15 posts 路 18 votes
    2y

    @Account Closed has pretty good rates right now (Lower than other lenders I am working with). Still in the 8's but better than the 9's.

    Talk to him and compare with multiple lenders and brokers, you'll find the one that will work for you and your unique situation.

    1Reply
  • Jimmy Bell
    OP
    Member since 2022 路 34 posts 路 10 votes
    2y

    Brett thanks for your response. Can we have a conversation on the phone maybe if it is easier.

    0Reply
  • Brett Thomas
    Member since 2022 路 18 posts 路 4 votes
    2y

    sure 614.581.1921

    0Reply
  • Tony Clark
    Real Estate Agent 路 Ventura, CA 路 Member since 2020 路 340 posts 路 166 votes
    2y

    @Alex Bekeza is the man for DSCR!

    1Reply
  • Alex BekezaBusiness Member
    Lender 路 Los Angeles, CA 路 Member since 2018 路 2k+ posts 路 1k+ votes
    2y

    @Tony Clark Thank you sir!

    @Jimmy Bell I encourage you to check out our Bigger Pockets & Google Reviews. Happy to chat about DSCR loans anytime! I'll DM you my contact info.

    [email protected]818-606-8823
    Investor Property Loan5306 Reviews
    WebsiteView Page
    0Reply
  • Erik EstradaBusiness Member
    Lender 路 Member since 2022 路 6k+ posts 路 1k+ votes
    2y

    Hey Jimmy, 

    What terms are you looking for?

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    0Reply
  • Stacy RaskinBusiness Member
    Lender 路 Member since 2022 路 1k+ posts 路 496 votes
    2y

    As a mortgage broker, I have lots of reliable DSCR options for all types of credit and LTV situations that will fund. I'll send you a message as well.

    [email protected]818-770-0340
    Bright Skyline518 Reviews
    WebsiteView Page
    0Reply
  • Heith Reade
    Lender 路 Nationwide 路 Member since 2022 路 48 posts 路 12 votes
    2y

    Hey Jimmy, DSCR has become a popular product over the past couple years so finding a lender offering them is not difficult. What you will find difficult is that with the current high rate environment, rents are not covering the mortgage. The nature of a DSCR loan is that the market rent analysis (which is done using recorded lease agreements in the past 12 months for similar properties) aren't covering the mortgage payment resulting in a negative Debt Service Coverage Ratio (DSCR). Most lenders will ask that you make a larger down payment to either get positive or 1:1 ratio, or lower the LTV to reduce the risk from a negative ratio.

    I say that to say, I have other alt. financing options that I've been using with my clients that I'd be happy to share with you as well in case it is were something that could help. 

    0Reply
  • Devin PetersonBusiness Member
    Lender 路 Sarasota, FL 路 Member since 2022 路 2k+ posts 路 664 votes
    2y
    Quote from @Jimmy Bell:

    Hi I'm wondering if anyone can recommend a DSCR loan provider that they have personally used?

    Thanks Jimmy Bel

     What are the type of terms you are seeking?

    [email protected]860-538-3672
    ProAlpha Capital56 Reviews
    WebsiteView Page
    0Reply
  • Brett Thomas
    Member since 2022 路 18 posts 路 4 votes
    2y

    Jimmy - plenty of DSCR and other portfolio options to assist. Happy to discuss with you.

    0Reply
  • Timothy Hero
    Lender 路 United States 路 Member since 2020 路 1k+ posts 路 499 votes
    2y

    Not sure if you're still in the market for one, but I've closed over 225 DSCR loans and $25 million this year. Lets connect.

    0Reply
  • Dustin Lauer
    Lender 路 Orlando, FL 路 Member since 2016 路 340 posts 路 115 votes
    2y

    @Jimmy Bell

    馃憢馃徑

    0Reply
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