Get a FREE quote on DSCR (DEBT SERVICE COVERAGE RATIO)
Loan qualification is based on the property's cash flow, not the borrower's personal income.
Eligibility is determined by the property's gross monthly rental income compared to its monthly PITIA (Principal, Interest, Taxes, Insurance, and Association Dues) using a rental analysis.
Requires an appraisal with market rent analysis and rent schedule (rent roll).
No limit on the number of investment properties you can own.
Ideal for real estate investors.
No employment or income verification required.
Eligible after 3 years from foreclosure, short sale, bankruptcy, or deed-in-lieu.
Property type: Residential properties only.
Condo-hotels (condotels) are not eligible.
Minimum loan amount: $75,000.