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Updated about 1 year ago on . Most recent reply
Lender with best DSCR rates
Under contract on a few rental properties and shopping for a lender! In your opinion, what are some of the best Lenders with the most competitive DSCR rates? Thanks!
Most Popular Reply
Quote from @Rahma Z.:
Under contract on a few rental properties and shopping for a lender! In your opinion, what are some of the best Lenders with the most competitive DSCR rates? Thanks!
Hey Rahma,
Most are sitting at about 7.5% right now with variance based on FICO, region, loan amount, the DSCR itself, and even your experience.
For most straightforward buy-and-holds, assuming they are around 150k each and a 720 FICO, I would anticipate mid-7s right now pretty consistently.
Good luck! Happy to help where I can.