Nathan there are a couple 15% down DSCR lenders out there but your best bet is going to be really digging in to all of your portfolio lenders in your area that lend their own money , in- house underwriting ect. Trust me try making a list of every credit union and small or regional bank and then narrow that down to which ones are portfolio lenders and this is where you start!! Hopefully your credit score is good . They are looking for people like us this is how they stay in business, they need to lend. Not saying they lend to anyone because everyone it seems has tightened up on lending but these small banks will be your bread and butter once you find them and you will have to call because most do not advertise " portfolio lender here" lol..I came across one in my neck of the woods that does 10% down investment property 30yr loans. And then accidentally stumbled upon another small bank that does as well...It's out there buddy Trust me I just highly doubt you will find it being advertised it will most definitely take you some time. But this is where you find it, in your local area or region. And yes the interest rates are slightly higher but not by much at all like people are saying. But even if it is slightly higher your getting into the property with 5-10% less out of pocket, huge win and you can always refi whenever because none that I have come across have any prepayment penalties, zero....
