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Looking to build your real estate portfolio?

Get Your DSCR Pre-Approval Today!!

I have been working with investors for over 25 years. I have a fiduciary responsibility to get you the best terms possible with the 100+ lenders we have access to. This DSCR Mortgage Loan is without a doubt my favorite loan. No income documentation. 21-day closings.

DSCR Rate Quote with Closing Cost

Invest Smarter: Qualify for Loans Based on Property Potential, Not Your Paycheck or Tax Returns

Tradtional mortgages focus on your income, but what if your real estate dreams don't fit neatly into a W-2 box? DSCR loans unlock investment opportunities by considering your property's earning power.

DSCR stands for Debt Service Coverage Ratio. With a DSCR loan, lenders analyze the rental income your investment property generates to see if it can comfortably cover your mortgage payment. This opens doors for:

  • Real Estate Investors: Build your portfolio without income limitations.
  • Self-Employed Borrowers: Unstable income? No problem! Let your property's potential shine.
  • Foreign Investors: Invest in the US market without traditional income verification.

Benefits of DSCR Loans:

  • Qualify based on property cash flow, not personal income.
  • Finance multiple properties simultaneously.
  • Access competitive rates.
  • Interest only option available

Basic Qualifications:

  • 620+ credit score
  • 20% down payment, 15% down in some cases
  • Reserves not required on all cases
  • 1-10 Unit properties
  • DSCR 1.0+, will go .75+ with high credit and lower LTV
  • Eligible Properties: Single Family, Duplex, Triplex, 4-Plex, Condo, Rural with 10 acres or less
  • No Experience Required

Get Started Today!

Whether you're a seasoned investor or just starting out, DSCR loans can be the key to unlocking your real estate goals. Contact us to learn more and see if a DSCR loan is right for you.

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BrokerDave
BrokerDave.com Copyright ©2024 | David Lurvey NMLS #410420 | Edge Home Finance Corporation Company NMLS #891464

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Few of our DSCR Transactions in 2024

DSCR Atlanta

SFR

Atlanta, GA
  • $1,200,000
  • $7,500 Rents
DSCR Oak Island, NC

SFR with ADU

Oak Island, NC
  • $825,000
  • $8,000 Rents
DSCR Atlanta

Duplex

Jacksonville, FL
  • $500,000
  • $3,600 Rent
DSCR Atlanta

SFR

Hartwell, GA
  • $215,000
  • $1,500 Rent
DSCR Atlanta

Condo

San Marcos, TX
  • $215,000
  • $1,500 Rents
DSCR Atlanta

4-Plex

Houston, TX
  • $580,000
  • $5,600 Rents
DSCR Atlanta

SFR

Cape Coral, FL
  • $650,000
  • $2,600 Rents

Forget Paystubs! See How This Investment Loan Works with Just Your Property [Video Below]

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Local Information:


Corporate Office:

5868 Baker Road

Minnetonka, MN 55345

DSCR loans allowed in the following states:

  • Alabama
  • Alaska
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • New Hampshire
  • New Mexico
  • North Carolina
  • Ohio
  • Oklahoma
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Texas
  • Virginia
  • Washington
  • Washington DC
  • West Virginia
  • Wisconsin
  • Wyoming

Local Licenses for DSCR loans:

  • Florida - License/Registration #: LO73818
  • Georgia - License/Registration #: 410420
  • Missouri - License/Registration #: 410420
  • Kansas - License/Registration #: LO.0036502
  • California - License/Registration #: CA-DFPI410420
  • Texas - License/Registration #: SML 410420
  • North Carloina - License/Registration #: I-220814
  • Pennsylvania - License/Registration #: 107327
  • Virginia - License/Registration #: MLO-69917VA
  • Arkansas - License/Registration #: 410420