Answers
The questions we get asked most.
Short answers, in plain English and with real numbers — the same ones you would get on the phone. If yours is not here, ask it: it still costs nothing to ask.
01What is a DSCR loan?
DSCR (Debt Service Coverage Ratio) loans are designed for real estate investors who want to qualify for financing based on the property’s rental income rather than personal income.
02Do I need tax returns, pay stubs or W-2s?
No. The qualification is based on whether the property’s rental income covers the mortgage payment, which makes DSCR loans a good fit for self-employed investors and those with complex tax situations.
03What is a rental portfolio loan?
It lets you finance multiple investment properties under a single loan with one monthly payment, which simplifies management and can give better terms than financing each property on its own.
04How many properties do I need for a portfolio loan?
10 or more.
05Can I finance 5 unit and larger properties?
Yes. And if we bring the whole portfolio together, we can look into a blanket loan.
06Will my credit be affected by a soft pull?
No.
07What credit score do I need?
660+ for the DSCR program, 680+ for the rental portfolio program.
08How much can I borrow?
DSCR: $75,000 to $3,000,000. Rental portfolio: $250,000 to $25,000,000.
09What do your programs start at?
DSCR and rental portfolio both start at 6.50%. The bridge loan starts at 8.75%.
10How fast can a bridge loan close?
In 10 to 14 days with complete documentation.
11Which states do you lend in?
32 states on the residential side, and all 50 states on the commercial side.
12What do you need with a deal?
Send the hard appraisal with it. A missing appraisal is what most often slows a deal down.
Where to next
Read the program that sounds like your deal.
Amounts, terms and the full guideline list for each one we place most.