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Updated about 1 year ago on . Most recent reply
![Derek Nemec's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2430833/1694586593-avatar-derekn67.jpg?twic=v1/output=image/cover=128x128&v=2)
DSCR loan - rates/lender check pls
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