DSCR Loans - Under 100k Appraised Value

[Cody Coll]

Hey BP Community, I invest in a smaller market where the properties don't always appraise for 100k and limits my cash out refi loan options when dealing with DSCR. Does anyone have any advice or different options that could help this problem. Thanks in advance!

[Nate Herndon]

Hi Cody - I utilize programs for my clients with sub-$100k properties all the time.

The minimum value is $75k (though I have dipped under that by exception), with minimum loan amounts of $50k. Would be happy to connect and get a loan summary over to you today. This program is also winning on our weekly interest rate survey at the moment.

Here is an example of a loan summary put together for a client last week.