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DSCR Loan Approval: 3 Steps to Take with Your Property
Categories: Blog Posts
Today we are going to dive into DSCR loan approval by looking at the 3 steps you need to take with your property. Let’s take a closer look! Step 1: Meet the DSCR Ratio Requirement The property’s DSCR ratio is crucial. This ratio compares your rental income to the expenses. Most lenders want a ratio […]
DSCR Loan Approval: 3 Steps YOU Need to Take
Categories: Blog Posts
Today we will discuss the 3 steps you need to take for DSCR loan approval. By following these three simple steps, you’ll be well on your way to securing the funding you need. Let’s break it down step by step. Step 1: Check Your Credit Score The first thing you need to focus on is […]
DSCR: Do Lenders Care More About You or Your Property?
Categories: Blog Posts
If you’re considering a DSCR loan (Debt Service Coverage Ratio loan), you might wonder, “do lenders care more about you or your property?” It’s a common question, and understanding the process can help you get approved smoothly. Let’s walk through the exact steps. What YOU Need to Get Approved for a DSCR Loan Before you […]
Does Your Rental Property Qualify for a DSCR Loan?
Categories: Blog Posts
Investors often wonder: Does your rental property qualify for a DSCR loan? DSCR (Debt Service Coverage Ratio) loans are different from traditional loans because they focus on the property’s income instead of your personal income. So, to qualify, the rental property itself must meet certain criteria. What DSCR Loans Look For? When it comes to […]
The First Step to Closing a DSCR Loan
Categories: Blog Posts
Closing a DSCR loan can seem tricky, but it doesn’t have to be. Let’s break it down by looking at the first step to closing a DSCR loan. Before diving into the property details, you need to do is make sure you are ready for the DSCR loan. This step is all about reviewing a […]