Special Programs For Investors
What Is The DSCR Mortgage Program?
DSCR stands for Debt Service Coverage Ratio. This program bases your eligibility on your current equity (20% or more), your credit score, and how much the current rent from the property exceeds the payment on the property.
These loans require less documentation, so they can move quickly.
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Common Questions
How much equity do I need to have to refinance an investment property?
You can refinance an Investment Property will full documentation with as little as a 15% equity.
Can I refinance investment properties through my LLC?
In some cases, yes, you can refinance the property in your LLC’s name. Restrictions apply. Let’s discuss.
Can I get cash out with the refinance?
Depends on how much equity you have in the property but yes, we have Investor Programs allowing you to receive cash out.