Thanks for the heads up Matt, will do that.

I'd recommend going more north West Palm Beach area is growing rapidly, has a brightline station & has announced some significant devlopments over the the next several years that are very appealing to draw more people students etc.   

And I'm projecting here, but it seems like the banker went through the list of named loans in their head like FHA, VA, jumbo, etc and wouldn't have "DSCR Loan" in a drop down list to select, as if you were asking for a FHA loan, so was stumbling a bit.I'd maybe suggest asking more about how the loans are underwritten when speaking with a mortgage officer and if saying "DSCR Loan" doesn't seem to get you traction, maybe ask something like "well, I was hoping that my request could be looked at from a DSCR perspective as well as any other underwriting you do for the best chance at approval because of XYZ."

@Mike Grudzien well, they didn't accomplish it the first time but I do think they can make it work if they hit the nail on the head with their 5 points.

The rapid growth of the economy has been continuous especially with so many companies moving out here like Google, Meta, Intel, Honda, etc.

The owner has a price in his head that's a year old.

We use 10% of the loan as a rule of thumb.Even though we can usually fund almost 100% of a flip, there are still many unforeseen issues that will arise.We just don’t want a borrower to get in over their heads. 

If you want to see which way DSCR rates are heading, track the 3-year, 5-year, and 10-year treasury yields. 

The time we connected a troubled investor who was in over her head with another client allowing both to WIN. 9.

Michael Plaks hit the nail on the head with his response.