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Updated 5 months ago, 08/13/2024
Dscr Loans And Prepayment Penalty
Hello all,
We are looking to use the DSCR loans for buying our investment property. We were told about the prepayment penalty...now I do have a general understanding of what the prepayment penalty is...are there any lenders that offer these types of loans without the penalty? What kind of terms would I be looking at, let's say for a $350K property? We are looking in Texas.
Would appreciate any and all help in helping me get a clearer picture on this...thank you!