RENTAL PROPERTY LOAN
1-4 unit
DSCR Loans (debt service coverage ratio)
DSCR Loans are based on rental income, not yours.
· 620 minimum score (lower LTV)
· Purchase up to 85% LTV (score counts)
· Cash Out up to 75% LTV (6 month seasoning)
· No Ratio DSCR for low income producers (higher rate)
DSCR loans in all states except: CA, AZ, MD, ID, MI, NM, NE, NV
Hard Money, Business, Bridge Commercial (most states) Nothing is too big. Over 20 years of service.
- Loan Amount
- Down payment
- Interest Rate
- Term
- Enter any additional costs to be added into your monthly payments
- An annual or semiannual tax that is assessed, collected, and used by your local government for community funding. Commonly this is escrowed and included in your monthly mortgage payment.
- An insurance policy that protects your property and belongings from damage and destruction (also known as Hazard Insurance). It also can protect you from liability if damage or injury is caused to other people on your property.
- Homeowners Association fees (or dues) are used to cover services and amenities in the community or neighborhood the property is in.
- An insurance policy that protects a lender if a borrower defaults on their loan. Having Mortgage Insurance can make it easier for buyers with smaller down payment amounts to buy a home.
- Making a larger monthly payment on your mortgage can help save on your interest and pay off the mortgage sooner. Make sure to check there aren't limits or charges for early payoffs first.
- You can make interest only payments for the selected amount of years before making principal and interest payments. During this period you still can make interest only payments, as well.
- Principal & Interest
- $0 (100%)
- Property Tax
- $0 (0%)
- HOA Dues
- $0 (0%)
- Homeowners Insurance
- $0 (0%)
- Mortgage Insurance
- $0 (0%)
- Total Monthly Payment
- $0
- Payment Every Month
- Total Principal Paid
- Total Interest Paid
- Total Cost of Loan
| Pmt # | Payment | Principal | Interest | MI | Balance |
|---|
| Pmt # | Int Rate | Mth Pmt | Principal | Interest | Balance |
|---|
- Telephone
- 970-476-5547
- dscrpro@dscr.pro
- NMLS
- 2712717
DSCR LOANS for INVESTORS ONLY:
DSCR Loans are based on rental income, not yours.
· 620 minimum score (lower LTV)
· Purchase up to 85% LTV (score counts)
· Cash Out up to 75% LTV (6 month seasoning)
· No Ratio DSCR for low income producers (higher rate)
DSCR loans in all states except: CA, AZ, MD, ID, MI, NM, NE, NV
Hard Money, Business, Bridge Commercial (most states)