DSCR Loans
Permanent financing of rental properties with long-term tenants. These loans use the rental cash flow and stabilized property value to determine the loan amount.
Lending Criteria
LOAN AMOUNT | $75,000 to $1.5 million. Loan amounts outside of this range considered. |
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LOAN TERM | 30-year fixed, 5/1, 7/1, 10/1 Interest Only ARM’s. |
LOAN TO VALUE | Aggressive loan to value/High Leverage |
DEBT COVERAGE | Minimum 0.75 DSCR |
PREPAYMENT PENALTY | Multiple Prepayment Penalty options |
CLOSING TIMELINE | 2-3 weeks |
Mortgages are offered in Partnership with Deal Funding 360. This is not a commitment to extend mortgage credit. Mortgage products, programs , eligibility criteria, pricing, and terms are subject to change without notice and at the sole discretion of the lender. All data and information provided in this “as is” for informational purposes only, and may not be accurate and may be subject to change with or without notice. Unless otherwise communicated in writing, all data and information Lender provides is “as is” without warranty whatsoever. Additional disclosures and information, including state licensing of Lender is available at www.dealfunding360.com
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4480H S. Cobb Dr. STE475, Smyrna, GA 30080