Do you know what DSCR is?

By
Mortgage and Lending with Finance Of America NMLS #311662

 

Lately, there are a lot of lenders that are offering very attractive DSCR loans for investors purchasing investment properties.

DSCR stands for Debt Service Coverage Ratio. That means the lender will lend on the performance of the individual property without regard to the rest of the buyer's financial circumstances.

In other words, will the property generate enough income to sustain itself and produce positive cash flow?

This is a great solution for investors in two to eight-unit properties that have a documented history of rental income.

 

 

 

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Posted by

Matt Brady

Builder Sales Manager, NMLS ID#311662

(858)342-8659 cell |844-268-1952 fax

mabrady@financeofamerica.comfamadvisor.com/matthewbrady   
8885 Rio San Diego Dr │ Suite 201  San Diego, CA 92108     

 

BIA SanDiego 19 year Member and P2 Sponsor

 

BIA SMCBoard Member since 2012

 

 

 

 

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