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Updated about 2 years ago on . Most recent reply

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56
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Cole Baker
  • Specialist
  • Denver, CO
12
Votes |
56
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What is DSCR at Purchase?

Cole Baker
  • Specialist
  • Denver, CO
Posted

I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?

For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a loan with 68% of the purchase price?

Most Popular Reply

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468
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579
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Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
579
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468
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Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Cole Baker:

What is PITI? Thank you for he helP!


PITI = Principal Interest Taxes Insurance

  • Jack Tulloch
  • [email protected]
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