DSCR Loans for Investors
DSCR loans for investors provide long-term financing for purchasing or refinancing rental properties, with qualification based primarily on the property’s rental income and cash flow.
I evaluate the property, purchase price, current value, rental income, taxes, insurance, existing loan payoff, borrower credit, and overall cash flow to understand the financing request and determine how the deal will be structured.
Required Documentation for DSCR Loans
The following documents will be needed to begin your DSCR loan application.
Borrower
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Driver’s License
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Most Recent Bank Statement
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Proof of Liquidity (Checking, savings, brokerage, retirement accounts, or available HELOC funds)
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Voided Check Matching the Bank Statement
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Real Estate Track Record / Schedule of Real Estate Owned (REO)
Entity Docs
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Articles of Organization or Certificate of Formation
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EIN Documentation
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Operating Agreement
Title & Insurance
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Title Company Contact Information
(Name, email address, and phone number) -
Insurance Company Contact Information
(Name, email address, and phone number)
Property & Project
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Executed Purchase Contract / Purchase HUD
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Lease(s) in Place (If applicable)