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Updated about 1 year ago,

User Stats

36
Posts
34
Votes
Jennifer Stammberger
Pro Member
  • Real Estate Agent
  • Los Angeles
34
Votes |
36
Posts

What exactly is a DSR loan?

Jennifer Stammberger
Pro Member
  • Real Estate Agent
  • Los Angeles
Posted

David Greene mentioned a DSR loan in one of his recent youtube videos which I've never heard of. If I understood it correctly-it's simply a loan that does not use your W2 to qualify but the lender would look at the property's cash flow it's supposed to generate & if the numbers cover the mortgage, that loan would be approved?! Can someone clarify for me? This sounds way too good to be true lol.Thanks :) 

  • Jennifer Stammberger
  • Loading replies...