DSCR Loan: Debt Service Coverage Ratio

Tired of providing tons of paperwork to a loan officer only for them to ask for more and then quiz you about every little detail and invade your privacy by inquiring about all of your unrelated financial habits? You have landed at the proper place. The DSCR loan program will treat your rental property like your own small business and will structure the loan based on the cash flow it will produce instead of your own income and obligations using a DSCR calculation. Investors no longer need to provide personal income statements or tax returns for financing in real estate across America. The flexibility of this DSCR Formula allows more investors to qualify for an unlimited number of properties that is only dependent upon an average or better credit score and the investor’s capability to acquire or find sufficient funds for the down payment and closing cost associated. you can easily do the DSCR Calculation yourself on a property, you just take the expected rental income divided by the expected mortgage payment and if it is a 1% or higher you qualify. You can own property in any of the 46 states we lend to across the nation and utilize the same lending source, Solution Providers, with no need to start over by telling your story and providing loads of data or documents. We get to know you and your plan and store your documents in a secure cloud-based vault to remain ready to serve at a moment’s notice at any time or anywhere in America.

Your goal as a real estate investor is most likely aimed at achieving positive cash flow in each property. So why not qualify for a loan based on the same method? When you combine the value add purchase approach with a short-term loan that refinances into a DSCR loan style as permanent, you strengthen the opportunity to grow your real estate empire quickly (BRRRR Method). An added benefit of these loans is that they DO NOT report on the individual/s involved in the signing of the loan documents. Your credit score is protected and remains as high as possible to help you maintain your overall business credit and capabilities which aids you with personal financing without the complication of your investment property loans.