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Updated over 1 year ago,
DSCR Loans have better rates than Conventional?
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
- Joshua Ricker
- [email protected]
- (571) 556-5766