Here’s What You Need To Know:
When it comes to securing an investment property mortgage, the process becomes straightforward with the Debt Service Coverage Ratio (DSCR) method. We exclusively assess the rental income generated by your property in comparison to the PITIA payment, eliminating the need for intricate Debt-to-Income (DTI) calculations.
Key Highlights:
- No DTI Ratio
- Maximum Loan to Value (LTV) up to 80%
- Credit Score as Low as 600
- Maximum Loan Amount $5,000,000
- Reserves Not Mandatory
- Income From Market Rent or Lease Agreements
- First-Time Investors Welcome
- 30-Year or 40-Year Interest-Only Products
- Unlimited Cash Out Options
- Gift Funds Allowed
Eligible Property Types Comprise:
- Single-Family Dwellings
- 2-4 Unit Properties
- Condos (Warrantable and Non-Warrantable)
- Condotels
- Short-Term Rental Properties
The DSCR approach not only simplifies the qualification process but also facilitates Cash Out refinances by solely relying on your property’s rental income. Interest-only loans are qualified based on the ITIA payment.
Whether you are an experienced investor or a first-time buyer, our team is here to lend a helping hand. Don’t let complex financing deter you from attaining your goals. Reach out to us today to explore your options and secure the financing that aligns with your needs.
To initiate the process or seek further information, please don’t hesitate to contact us at 888-507-6151.
