Investment Property Loans
Debt Service Coverage Ratio (DSCR)
Designed for borrowers who want to expand their real-estate investment portfolio. Use cash flow from rental property to qualify, no personal income required.
DSCR LOAN
- Minimum FICO 620 (DSCR Platinum)
- Up to 80% LTV
- Loan Amount Up to $3MM
- No W2s, or Tax Returns Collected
- DSCR <1.00 acceptable LTV restrictions apply
- First Time Investors Allowed
- 30 yr. & 40 yr. Interest-Only Available
- No Ratio Available (DSCR Gold)
- 1-4 Unit Properties
- Warrantable Condos
- Max cash-in-hand:
• LTV/CLTV > 70%: $300K
• LTV/CLTV > 65%-70%: $500K
• LTV/CLTV ≤ 65%: $750K - State license not required in most states. See list of states
See product matrix for details
rentometer
See historical rental trends for any given area. A custom rent analysis will be emailed to you directly by clicking on the button below and completing the form.
DSCR Calculator
Calculate the debt service coverage ratio for investment property loans.
BUSINESS PURPOSE LOANS
No NMLS License Required in these States!
Alabama
Alaska*
Arkansas
Colorado
Connecticut
District of Columbia
Delaware
Florida*
Georgia*
Hawaii
Illinois
Indiana
Kansas*
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Mississippi
Missouri
New Jersey
New Hampshire
New Mexico
New York
Ohio
Oklahoma
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Virginia
Washington
West Virginia
Wisconsin
Wyoming
*NMLS license not required if borrower is a LLC or Corp.