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Updated about 1 year ago on . Most recent reply

User Stats

31
Posts
16
Votes
Derek Nemec
16
Votes |
31
Posts

DSCR loan - rates/lender check pls

Derek Nemec
Posted

Hi there, currently looking into the DSCR (cashout refi) loan products, and I am trying to lean into a lender with the lowest possible rate/cost above all else. Here are some details: LTV approximately 70-75%, 740+ credit score, and 1.2+ ratio on the rental. I have a net worth of approx 1M and investing for about 5 years now.
What are rates looking like averaged out right now? I am seeing 7's, but not directly from lenders- Moreso from a quick google search. 

Your help is appreciated!!!

- Derek

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