Behind The Curtain How DSCR Lenders Calculate Your Interest Rate & Terms (via ESC)

[Robin Simon]

As interest rates for rental properties finally start to fall after a couple of years of painful heights, many real estate investors are renewing their interest in interest rates again. With lower rates, especially on the popular DSCR loan product that allows qualification primarily based on the DSCR ratio, a comparison of rents and expenses (including interest expense), instead of the DTI ratio based on personal income, rental property purchases financed through these loans are starting to look very attractive again.

We've covered all sorts of info and questions on dscrloans here on our youtube channel and published through our 12-Part Article Series here on BP  (Link ➡️ https://bit.ly/3IUUIBZ) However, we'll go further than ever before and show you exactly how these factors are utilized to get that exact interest rate number you are quoted, pulling back the curtain on how DSCR lenders and mortgage brokers calculate the rate and points you see on your DSCR quotes!

Settle In, Save and Subscribe to this Video and learn how to be armed with the best borrower knowledge of all time when navigating dscr loan deals!

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✅5-Minute WebApp for a DSCR Loan!

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Connect with Robin

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More FREE Resources

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✅DSCR Loans Guide 2024 with DSCR Calculator Tool!

➡️https://bit.ly/3TWZUvs

✅12-Part DSCR Loan Series published on ‪here on BP

➡️https://bit.ly/3IUUIBZ

✅STR Lending Guide with FREE ‪AIRDNA‬ Rentalizer Tool!

➡️https://bit.ly/3IZTWUd

✅Full Companion Article:

➡️https://bit.ly/4fkqcjr

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⏰ Jump To ⬇️⬇️⬇️

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00:00 Intro

01:26 Rate Sheets and Scenario Tools: The Calculator Built for Lenders

02:05 What are LLPAs? (Loan Level Price Adjustments)

03:29 A Note on LLPA Buckets

04:09 Pricing "Matrix" - the Primary LLPAs affecting DSCR Loans

04:49 Example LLPA Matrix - Importance of FICO and LTV

05:54 DSCR LLPA Matrix

07:36 Loan Size LLPA Matrix

09:25 Property Type LLPAs

10:40 Loan Purpose LLPAs

12:01 Loan Structure LLPAs

12:51 Prepayment Penalty Provisions LLPAs - Key to DSCR Loans

14:01 Other LLPAs

16:05 DSCR Pricing Example!

7:18 Rate Buy Downs

18:05 Final Thoughts (and why Easy Street is the Best DSCR Lender!)

The information provided on EasyStreetCap.com and in any accompanying Easy Street Capital video is intended for general informational purposes only and is not intended to serve as professional financial advice in the real estate investment industry