Investor financing
DSCR loans are built around the property, not the paperwork.
DSCR stands for debt service coverage ratio. These programs are designed around a rental property's cash flow relative to its mortgage obligation rather than personal income documentation.
How the structure works
A DSCR program evaluates whether the rental income associated with a property supports the mortgage obligation on that property. The focus sits with the investment itself.
For investors who hold multiple properties or whose personal returns are complex, this can be a cleaner conversation than traditional income documentation.
Where investors use it
Purchases of rental property, refinances of existing rentals and cash-out refinancing to fund the next acquisition are all scenarios where DSCR programs may be considered.
What Keon will want to know
The property, the expected or current rents, and what you are trying to accomplish across your portfolio. From there he can explain what a given program reviews.
Program availability, terms and qualification depend on individual circumstances and are subject to applicable underwriting and program requirements. Speak with Keon to determine which programs may be available to you.
Next step
Your financial situation is unique. Your mortgage strategy should be too.
Talk with Keon about what you're trying to accomplish and explore the mortgage options that may fit your situation.