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Updated almost 2 years ago on . Most recent reply

La'Terrius Campbell's profile image
La'Terrius Campbell's profile image
La'Terrius Campbell
  • Member since Feb 11, 2021
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La'Terrius Campbell's profile image
La'Terrius Campbell's profile image
La'Terrius Campbell
  • Member since Feb 11, 2021
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La'Terrius Campbell
19
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154
Posts
Mortgage Brokers & Lenders

DSCR Loan Minimum Loan Amount

La'Terrius Campbell
Posted

What's the minimum loan amount you can get for a DSCR Loan?

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David Cruise's profile image
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David Cruise
  • Lender
  • from Charlotte, NC
  • Member since Feb 6, 2011
  • Posts 55
  • Votes 39
  • Experience 25 Yrs
  • Investments 1
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David Cruise's profile image
David Cruise's profile image
David Cruise
  • Lender
  • from Charlotte, NC
  • Member since Feb 6, 2011
  • Posts 55
  • Votes 39
  • Experience 25 Yrs
  • Investments 1
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David Cruise
  • Lender
  • Charlotte, NC
39
Votes |
55
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David Cruise
  • Lender
  • Charlotte, NC
Replied

DSCR lenders typically require a minimum 100K purchase price (or value if it's a refinance) and 75K minimum loan amount. Cash out refinance requirements differ greatly depending on the lender right now. Shop around heavily if you're doing a cash out refinance, especially if you have a short seasoning period.

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