Wholesale DSCR LENDER

Wholesale DSCR LENDER

Member since 2025 · 4 posts · 4 votes

I am a mortgage broker looking for a wholesale lender (not ACRA) who can do a DSCR rate and term loan on a manufactured home. Please let me know if you know of any. Thank you!

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  • Investor · Chicago, IL · Member since 2018 · 336 posts · 161 votes
    2w

    Hey Matthew, I'm happy to help with this one. My BP profile has my Blinq card with all of my info including a link for deal submissions. I'm also happy to hop on a call when you're free!

  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    6d

    Hey Matthew,

    Did you find anyone yet?

    LuxePrivate Investments LLC 572 Reviews
  • Noah WrightBusiness Member
    USA, Nationwide · Member since 2024 · 225 posts · 100 votes
    4d

    Smart to ask before you shop it, because manufactured is where a lot of DSCR matrices quietly say no. The wholesale lenders I shop that will take one usually want the home on a permanent foundation and titled as real property, with the vehicle title retired, and many want an engineer's foundation cert in the file. Single wides get turned down a lot more often than double wides. The appraiser also needs recent manufactured comps nearby or the value won't hold up. So pull the title status and the foundation paperwork before you send it anywhere. On these files the property decides more than the borrower does. Is it a single or double wide, and has it already been converted to real property?

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