DSCR (Debt Service Coverage Ratio) loans offer investment property financing with less strict guidelines and special non-qualified mortgage features such as interest-only options.
Important Benefits and Features:
- For borrowers who currently own an investment property or are looking to purchase a new one
- Qualify based on cash-flows from property owned
- Up to 20 financed properties allowed
- No tax returns required
- No debt to income ratio calculation required
- 30-year fixed-rate and 30-year interest-only fixed rate terms available
- 5, 7, and 10 yr ARMs with interest-only options
DSCR (Debt Service Coverage Ratio) loans can be useful for real estate investors with complex finances. Finance your next investment property with this program!