OfferMarket Lender Feedback

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OfferMarket Lender Feedback

Aron Mandel
Investor · Boca Raton, Palm Beach County · Member since 2026 · 11 posts · 20 votes

Has anyone used the lender OfferMarket for a DSCR loan and have any feedback about them to share?

Thank you

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  • Daniel Sperling
    Lender · Baltimore, MD · Member since 2019 · 37 posts · 34 votes
    1mo

    Hi Aron, CEO/co-founder of OfferMarket here. Happy to connect you with client references. DSCR for 1-4 unit long-term rentals is our core loan program. I believe we offer the most comprehensive and consistently competitive program in the industry, backed by remarkable client service.

    Best,

    Daniel

    0Reply
  • Vijay FriedmanBusiness Member
    Miami, FL · Member since 2026 · 766 posts · 122 votes
    1mo
    Quote from @Aron Mandel:

    Has anyone used the lender OfferMarket for a DSCR loan and have any feedback about them to share?

    Thank you

    @Aron Mandel
    I haven't personally worked with them, but I'd also compare more than just reviews. Things like leverage, reserve requirements, prepayment penalties, closing timelines, and responsiveness during underwriting can make a big difference depending on your deal. Hopefully someone who's closed with them can share their experience.

    786-656-0387
    DreamPoint Capital
    WebsiteView Page
    0Reply
  • James Driscoll
    Banker · MA · Member since 2026 · 120 posts · 31 votes
    1mo

    No direct experience with that lender to share, but a few things worth thinking about when you're evaluating any DSCR lender regardless of who it is.

    First, ask for a fee sheet upfront. DSCR loans vary a lot in origination points, and some lenders in that space charge 2-3 points as standard. Second, find out how they calculate DSCR. Most use gross rent vs. PITIA (principal, interest, taxes, insurance, association dues), but some lenders require a DSCR of 1.0 and others are fine at 0.75 for strong-profile borrowers. That difference can make or break a deal depending on the property's cash flow. Third, check whether they hold the loan or broker it out, because if they broker it, you might be paying a middleman margin you don't need to.

    On the product itself: DSCR loans qualify you on the rental income of the property, not your personal income or tax returns, which makes them popular with investors who have complex returns or just don't want to document their personal finances. Some lenders also offer DSCR equity lines, where you can pull equity from an investment property the same way using rental income to qualify instead of W-2s or schedules.

    For feedback on that specific lender, searching their name in the BP forums or on Google alongside "review" will probably surface more real borrower experiences than anything you'll get from loan officers.

    James Driscoll

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