looking for DSCR lenders that are licensed in PA.

[Melissa Aguila]

Hello,I'm looking for a lender that does DSCR loans. the property that I'm looking at is in PA. TIA

[Jared Rine]

@Melissa Aguila...depending on the situation, there are many dscr lenders out there and all of them are lending in PA.   With the most respect I can, don't listen to the other posting.  Velocity IS a lender out there, but they've basically priced themselves out of the market unless you absolutely don't know what you're doing or know who to go to.  They were pricing very well at one time even into the beginning of 2022, but when the market really started to shift near end of March and has continued to increase trend, they have not been good (FULL DISCLOSURE - I've used Velocity as one of my lenders for years as a mortgage broker). 

There's easily 10+ lenders I'd recommend before them. I'm still quoting deals in the 6's on DSCR NOW and I can do PA.