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Updated about 18 hours ago on . Most recent reply
Current DSCR rates
Just trying to get a gauge on current DSCR loan rates. Curious what those who are looking at BRRRR refi's are getting quoted at, all things being equal.
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Noah Wright
#4 Private Lending & Conventional Mortgage Advice Contributor
#4 Private Lending & Conventional Mortgage Advice Contributor
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Noah Wright#4 Private Lending & Conventional Mortgage Advice Contributor
#4 Private Lending & Conventional Mortgage Advice Contributor
- USA, Nationwide
6-7% best case
7-8% base case
9-10% worst case
beyond that we move to bridge/hardmoney options
9-10% best case
11-12% base case
12-14% worst case
17% SOS Emergency (avoid imminent insolvency, worst day of borrowers life, etc...)
Speaking broadly, of course