“DSCR= Debt Service Coverage Ratio”
I came across you contact information as a result of a search looking for a DSCR loan, I wasn’t sure if you do them? You wrote a blog about investor cash flow loans, which I believe are the same thing. Do you do mortgages in NH and VT?
I own a 4 family which I purchased a number of years ago. This one happens to be in NH, the property has no mortgage and I estimate the value at $280,000.
I used to do business with a local bank, but I guess I have reached my borrowing limit with them, so it is time for me to look elsewhere, that is how I got to you.
Communicate with me at your earliest convenience. By the way your Linkedin profile is very impressive.
DSRC loans are also known as investor cash flow loans. These are for residential properties 1-4 family homes. Basically the cash flow of the property needs to cover the principal, interest, taxes and insurance, if it does, good chances the borrower can get a mortgage. No other income is required and no tax returns.
I DO MORTGAGES IN CT, MA, RI, ME, NH, VT, NY & FL.