Mortgage Miracles Happen
Mortgage Miracles Happen

DSCR Investment property Mortgage Loans

DSCR Investment property Mortgage Loans – This is a non-owner occupied loan (NOO) for real estate investors that qualifies the borrower on only the rental income and not on personal tax returns.

DSCR Loans are mortgage loans designed for 1-to-4 unit investment property owners for investors.

The non-owner-occupied market is anything but predictable, but one thing is certain – with Fannie Mae and Freddie Mac restricting their non-owner-occupied investments and over 24 million non-owner-occupied properties in the USA, the opportunity has never been greater to expand your non-owner occupied product offerings to fill this need.

  1. Qualifies off the cash-flow of the rental property
  2. No Income, No Employment, and no Reserves Required
  3. Low Rate
  4. No Pricing Adjustments
  5. Simple Guidelines
  6. No Reserves Required
  7. 100% Gift Funds Allowed
  8. First Time Investors Welcome
  9. Qualify Using Starting Payment
  10. Escrows Not Required
  11. Unlimited Financed Properties Allowed
  12. Loan Amounts From $100,000 to $2,000,000

Investor Cash Flow

  • No income, no employment – qualifies on cash flow of property
  • Minimum DSCR 1.0
  • No DSCR with minimum 700 FICO and maximum 75% LTV
  • Non-warrantable condos allowed
  • Up to 80% LTV
  • Credit scores starting at 600
  • Gift of Equity allowed


What types of NOO properties are included?
NOO 1-to-4 unit investment properties, short-term vacation properties, that do not need to currently be rented.
Mixed-use properties or condotels do not qualify.


What makes DSCR different?

  • Qualifies off the rental income NOT borrower income.
  • No traditional income documents (No W2s, No Tax returns, etc.).
  • Does not require reserves.
  • First-time investors allowed (no LTV reduction).
  • No pricing tiers (and no tears)!
  • Gift funds allowed.
  • No limit on financed properties.
  • No term adjustments.


Bank Statement Loans

  • 12 or 24 months personal or business bank statements – no tax returns required
  • Loans to $3 million
  • Up to 95% LTV, No MI
  • Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Credit scores starting at 600
  • FICOs starting at 600
  • LTVs up to 95%
  • Loan Amounts to $5 million
  • DSCR & No Ratio FICOs starting at 680, 620 (no ratio), great for Business Owners and Investors
  • Cash-out Max 70% Property Value (check our matrix)
  • Full Doc/Alt Doc
  • ITIN
  • Bank Statement
  • Fixed, ARM & Interest Only