us Specializes in helping real estate investors through our DSCR (Debt Coverage) Loans. With years of experience in offering DSCR loans in New York, we have helped countless investors, including beginners. Whether you are buying a rental property or existing real estate, our DSCR program is here.
- DSCR = Total Income Divided by Pitia/ITIA (interest only)
- Maximum loan amount: $5 million
- Qualified features: 1-4 families and apartments
- Purchase, rates and term relimits up to 85% LTV
- Up to 75% redeemed LTV
- Minimum 600 FICO
- Unavailable apartments
- Invest in property only
- Gift funds allow
- No restrictions on financing property
- The leased property meets the conditions
- Short term rentals – Airbnb, VRBO (purchase, fees and term refi, cash exit)
One of our outstanding products is No Ratio DSCR Programwhich allows you to qualify without using rental income. While the program requires a higher down payment than our standard DSCR 1.0 ratio loan, it offers a unique opportunity for investors who may not have a history of rental income.
touch Our office is located at 800-220-Loan (5626) or fill out a quick quote form and someone will contact you within an hour.
