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Updated over 1 year ago,

User Stats

24
Posts
6
Votes
Joshua Ricker
Agent
  • Real Estate Agent
  • Glen Allen, VA
6
Votes |
24
Posts

DSCR Loans have better rates than Conventional?

Joshua Ricker
Agent
  • Real Estate Agent
  • Glen Allen, VA
Posted

The other day I received a call from my lender stating she was doing side by side comparisons of a conventional to DSCR loan. For the first time I have heard the DSCR loan had a better rate with lower points than the conventional loan.

For reference the DSCR loan Rate: 8.5% 2 origination points

                             Conventional Rate: 9.5% 3 origination points

Is anyone else seeing this where they are at?  This was used to compared on a client of mine so its using the same info for both just an FYI

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