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Updated almost 3 years ago on . Most recent reply

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1,454
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Matthew Crivelli
  • Lender
  • Massachusetts
907
Votes |
1,454
Posts

Brace Yourself! DSCR Loan Rates Are Through The Roof!

Matthew Crivelli
  • Lender
  • Massachusetts
Posted

I've been beating this drum for a while now and it looks like we made it. The rates on 30Y fixed DSCR loan products are now starting close to 6.5% - 7% and we are being told to brace for more increases.

Many refinances will fall apart or never happen because the property can't cashflow at such a high rate. 

Please be aware your HML is not price gouging, the rates being quoted are real. Times are a changing!

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Freedom Capital Funding, LLC
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