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DSCR Loans (Investment Loans)

A Debt Service Coverage Ratio (DSCR) loan can be a powerful tool for expanding your real estate portfolio. Owning real estate can be an excellent investment vehicle with the right financing and management of risk. Preferred Rate offers its visionary investment program to make your investment goals possible.

DSCR = Gross Rent/Proposed PITIA (ITIA for Interest Only Loans)

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As seen in:

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TOP 250 LATINO MORTGAGE ORIGINATORS

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NMP

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NMP

TOP 15 VA LENDER

Scotsman Guide

Product highlights

Qualify using property cash flow, not personal income
Loan amounts up to $3,000,000
Up to 85% LTV for purchase and rate/term refinance
Borrower can own unlimited financed properties
Employment/Income qualification not applicable
Interest-only options available
600 minimum credit score
Business entity and LLC vesting allowed
Non-warrantable condos and condotels allowed on exception
Short-term rentals allowed
ITIN and Foreign National borrowers eligible

Borrower advantages

DSCR loans take into account the property’s ability to generate income, not just the borrower’s creditworthiness. This means that, compared to traditional loans, they may qualify for a larger loan amount based on the property’s cash flow potential.
DSCR loans are specifically designed to ensure a property’s operating income comfortably covers its debt obligations. This not only reduces financial risk but also enhances an investor’s ability to manage multiple properties simultaneously without stretching their resources too thin.

Realtor advantages

DSCR financing opens up a broader range of property options for your clients
By incorporating DSCR loans into the financing mix, clients can strategically acquire properties with sustainable cash flow
Assist first-time investors as they get into the market through cash flow qualifications