A Debt Service Coverage Ratio (DSCR) loan is a type of financing where the borrower’s ability to repay the loan is assessed based on the cash flow generated by the property or business being financed.
Program Details
| Interest Rate: Rates Starting at 7.25% Property Type: Single Family, 2-4 Unit Multifamily, and Condo/Townhomes Qualifications: Rent-ready and Leased Qualify Credit Score (FICO): Minimum FICO of 680 | Max Loan to Value: Up to 80% LTV DSCR (Debt Service Coverage Ratio): Minimum DSCR of 1.0 Loan Term: 30-year Fixed Rate Loan Amount: Loan Amount from $75,000-$2,000,000 |