Classifieds
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated 6 months ago on . Most recent reply
![Stacy Raskin's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2580107/1667506070-avatar-stacyr63.jpg?twic=v1/output=image/crop=1115x1115@0x104/cover=128x128&v=2)
Purchase an Investment Property with a DSCR loan- down to $50K loan amount
Purchase an Investment Property with no personal income verification needed- loan underwriting based on rents, credit score and down payment
Loan amounts down to a $75,000 appraised value, $50,000 minimum loan amount for many states. For other states, it's a $100,000 minimum loan amount.
DSCR loans are a great way to supercharge your investment goals and net worth. Depending on the loan program, the mortgage will only be qualified off of your middle credit FICO credit score, down payment and market or actual rents.
More details:
- Loans available for cash-out
- Credits score down to 620 (for loans under $100K, middle mortgage credit score is 680)
- LTV are up to 75% for cash out. 80% for purchase.
- Cash out limits depend on property value, credit score and if the property is vacant. If you aren't looking to get cash out, you can also refinance out of a shorter term hard money loan or any loan to have a fixed 30 year mortgage term or use the special for savings to purchase an investment property.
- Non-warrantable condos and condotels permitted for loans above $100K.
- Rate buydown feature available.
- DSCR (lower of gross rent lease or Appraisal Form 1007/216 rent divided by PITIA) as low as 1.0x.
- Short term rentals can be structured off of 12 month short term rental history for loans above $100K.
- Fixed 30 year terms or fixed 40 year terms of 10 years of interest only payments followed by 30 years fully amortized for loans above $100K.
I work on DSCR loans in all U.S. states except for Alaska, Minnesota, Arizona, Nevada, North & South Dakota, Idaho, Vermont, Virginia, Wyoming, Oregon and Utah. Minimum loan amounts vary by state. They are either $50K or $100K. Please inquire for additional details.
I look forward to hearing from you.
- Stacy Raskin
- [email protected]
- 818-770-0340
![business profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/marketplace/business/profile_image/2099/1720687720-company-avatar.jpg?twic=v1/output=image/contain=65x65)