DSCR Rental Loans

  • Income From Market Rent (1007) or Lease Agreements
  • First-Time Investors Allowed
  • Max 85% LTV for Purchase Transactions 1-4 Units up to $1.5M
  • 640 Min FICO
  • Max 80% LTV for Rate/Term and 75% for Cash-Out
  • 15 and 30-Year Fixed or 30- and 40-Year Interest-Only
  • 2/1 Temporary Buydown Allowed
  • DSCR Options: ≥ 1.00, > 0.75 to < 1.00

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