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Updated over 1 year ago, 05/06/2023

User Stats

7
Posts
3
Votes
Bridgett J Bell
3
Votes |
7
Posts

DSCR Loan docs question

Bridgett J Bell
Posted

Hi

I applied for a DSCR loan to cash out on a free and clear 4plex held in an LLC but the loan officer is asking for my personal bank statements, personal home mortgage statements. I don't understand why I need to submit these personal documents. My FICO is 812 and LLC has enough cash reserves and rent to service the loan. Should I submit the personal documents or find another mortgage company?

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