TYPES OF MORTGAGES MENTIONED IN A RECENT EPISODE OF THE BP POD

[Stewart Hulick]

David Greene was talking about a type of mortgage on a recent episode of the bigger pockets podcast that is based on the estimated income from a property instead of the typical debt to income ratio.  Having a hard time finding the episode!  Can someone tell me the name of that loan product?  Anyone reading this in the Portland area offer loans like this?  LMK!

Thanks!

[Robin Simon]

Hi - He was probably referring to the DSCR loan product, which runs FICO and requires typically 6 months of PITIA reserves in liquid assets, but otherwise is based entirely on the property (no income verification, no tax returns, etc.) I lend on that product and definitely in the Portland area (we aren't local but lend nationally). I'll send you a PM to discuss our options!