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2
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Justin Smith
1
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2
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Does a DSCR Count As A Fannie Mae House Spot?

Justin Smith
Posted

I finally made it.  I have 10 mortgages in my name and 10 mortgages in my wifes name.  Ive been reading about DSCRs for a little while and several of you have provided some great answers.  Now heres my issue:

-I am out of golden ticket spots
-I owe about 60k on a property that is in both my wife and my name (early in the rental game, rookie mistake)
-My lender told me that she things a DSCR loan would count towards the 10 mortgage loans if I ever financed a 60k property my spots would already count as the DSCR.

Whats my best play here. Get a DSCR or pay off my property to open two golden ticket spots?

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