Investor DSCR Mortgage Loan Programs by The Mortgage Calculator
9 videos • 19 views • by The Mortgage Calculator Get Started at https://themortgagecalculator.com/Mor... Investor DSCR Mortgage Loan Programs DESIGNED SPECIFICALLY FOR REAL ESTATE INVESTORS TO FINANCE RENTAL PROPERTIES. THE MAIN FOCUS OF THESE LOANS IS THE RENTAL INCOME GENERATED BY THE PROPERTY. Investor Cash Flow Mortgage Loan Highlights Unlocking Your Investment Potential: Investor DSCR Loans for Commercial Real Estate Unlocking Your Investment Potential: Investor DSCR Loans for Commercial Real Estate Rental income: The primary focus of investor cash flow mortgage loans is the rental income generated by the property, with the loan amount determined based on this income. Loan amount: The loan amount for an investor cash flow mortgage loan is typically based on a multiple of the monthly rental income, with higher loan amounts available for properties with strong rental histories and high-income producing tenants. Loan terms: Investor cash flow mortgage loans are typically available with short-term loan terms, such as 1-5 years, allowing investors to take advantage of short-term market opportunities. No income documentation: Investor cash flow mortgage loans typically do not require documentation of the borrower's personal income, as the focus is on the rental income of the property. Quick closing: Investor cash flow mortgage loans can often be closed quickly, allowing investors to take advantage of investment opportunities quickly. Lower credit score requirement: Investor cash flow mortgage loans typically have lower credit score requirements compared to traditional loans, making them accessible to a wider range of borrowers. The Best Loan for Real Estate Investors Looking to Qualify with No Employment or Income is a DSCR or Debt Service Coverage Ratio Loan! This Non-QM mortgage product uses the Net Operating Income (Cash Flow) from the subject investment property to qualify the loan. It does not require full documentation for the owner of the property or LLC, typically rates are set based on the FICO score of the primary borrower, but employment and income documentation are not required. DSCR = Net Operating Income/Debt Service (Principal + Interest) DSCR MORTGAGE PROGRAMS AVAILABLE: Purchase / Refinance / Cash Out Refinance Up to 85% LTV Purchase Up to 80% LTV Cash Out Up to 30 Year Fixed Up to 40 Year Interest Only Up to $1M Loan Amount No Income or Employment Used 600+ Credit Minimum 1-4 Unit Properties Condos & PUDs Allowed LLC's Allowed Apply Now to Purchase an Investment Property Using a DSCR Program! Or Use One of Our Alternative Non-QM Loan Programs for Real Estate Investors Including: Conventional, DSCR, Cash Flow, No Doc, Bank Statement, Foreign Nationals, Hard Money and More! For Real Estate Investors we have a variety of commercial lenders to choose from with dozens of products including Non-QM Programs Such as No Doc, Bank Statement, DSCR, Foreign Nationals, Hard Money and many other types of loans. Let us shop over 100 lenders and banks to find the best loan for your property. Specialty Loan Types Available: Private Money & Hard Money Lenders Bridge & Blanket Loans Fix & Flip & Rehab Loans Real Estate Portfolio Loans * The principal and interest payment on a $400,000 30-year Fixed-Rate Loan at 7.125% and 80% loan-to-value (LTV) and 760 credit score is $2,695. The Annual Percentage Rate (APR) is 7.350% with estimated finance charge of $9,000. The principal and interest payments, which will continue for 360 months until paid in full, does not include taxes and home insurance premiums, which will result in a higher actual monthly payment. Rates current as of 11/2/2023. Subject to borrower approval. Disclosure: All lending products are subject to credit & property approval. Rates, program terms & conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions & limitations apply. The Mortgage Calculator is a registered DBA of Mortgage Calculator Company LLC. NMLS ID #2377459. Programs and rates are subject to change without notice. Mortgage Calculator Company LLC is licensed in the following states that require specific licensing disclosures: AZ (#1040352), CA CFL (60DBO-171188), GA Georgia Residential Mortgage Licensee (#2377459), IL MB.6761755 Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601 1-888-473-4858. Not licensed or conducting business in New York. For licensing visit: https://themortgagecalculator.com/Pag...