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All Forum Posts by: Michael Swisher

Michael Swisher has started 1 posts and replied 3 times.

Post: DSCR Loans 1% Mortgage Broker Fee + $500 referral fee

Michael SwisherPosted
  • Lender
  • Dallas, TX
  • Posts 4
  • Votes 0

Hello,

I'm a mortgage broker in Dallas, TX.

I'm looking for RE investors & Investor friendly Agents who need a go to lender, specifically for DSCR loans.


My Offer:

DSCR loans with only a 1% broker fee.

Investor gets the wholesale rate with zero markup. (super cheap)

Will also pay a $500 referral fee if you send me a buyer.

____________________________________

***I also do all types of other financing in Texas. (FHA, VA, Conventional, Jumbo, etc.)

DSCR is available in 36 states.

____________________________________

Here's my contact info if you'd like to connect.

Michael Swisher

Mortgage Broker | Swisher Capital, PLLC

469-809-2520 cell/text

@SwisherCapital FB/IG

SwisherCapital.com

Thanks! I'll reach out. 

Hello. Can anyone on this thread recommend a DSCR lender who allows Padsplits?

I'm a mortgage broker, so need a wholesale lender. 

Have a current cash out refi DSCR loan but my lenders won't approve because property is being used as padsplit. Already have an appraisal that puts our DSCR rate at .85 using long term rent estimate. Owner setup the path split last month, so don't have income history.