Embarking on acquiring an Investment Property Loan, it is essential to have a knowledgeable team behind you that knows all the tricks of the trade. Valor Lending Group is the lending team you can trust! We provide the highest quality customer service in the lending industry, getting your project funded quickly and efficiently with Valor at your side every step of the way! New Incredible Investment Property Loans are available now at Valor Lending group.
Contact Dave for immediate attention to your Loan Scenario!
New Incredible Investment Property Loans help real estate investors like yourself buy and hold for rental income or fix and flip for a quick profit.
New Incredible Investment Property Loans on 1-4 Unit Investment Property | 15% Down on a DSCR loan up to 1.5 Million | Minimum 680 middle FICO score | Zero Reserves
Today property investment loans have competitive financing for residential properties and Cash-Out refinancing available for investment properties you may own.
The National Association of Home Builders (NAHB) recently examined rental housing using U.S. Census data.
They found that 86% of rental properties in the U.S. are single-family residences, with two-to-four-unit residences being the next most common type of rental property.
Valor Lending Group has multiple funding sources for these types of rental property loans.
Here’s how to interpret your Investment Property DSCR:
- DSCR < 1: You have negative cash flow. You do not have enough rental income to service the debt (New PITI payment).
- DSCR = 1: You have enough rental to service the debt and New PITI payment. Unfortunately, you don’t have an additional cash cushion.
- DSCR > 1: You have positive cash flow. The higher your DSCR, the more income you must service the debt (New PITI payment).
New Incredible Valor Investment Property Loans (DSCR) – Example:
An investment property is rented for $2,000/month and has the following monthly expenses.
Principal & Interest $1,000/mo
Property Taxes are $250/mo
Insurance $120/mo
HOA Dues $130/mo
TOTAL PITIA $1,500/mo
In this example, the DSCR = $2,000 Monthly Rent / $1,500 Monthly PITIA = 1.33.
Investment Property Lenders want to see a DSCR above 1%. They sometimes offer better pricing if the DSCR is above 1.25-1.50.
Advantages & Disadvantages of Investment Property DSCR Loan
1) Pros of a No-Tax-Return Investment Property Loan:
- No tax returns are required
- No employment or income is required
- Personal or business income is not considered
- No debt-to-income (DTI) ratio was developed or considered
- Allows real estate investors and self-employed individuals to qualify
2) Cons of No-Tax-Return Investment Property Loan:
- A higher down payment is required
- Rates are slightly higher over conventional loans
- Some lenders require landlord experience
- Personal credit plays a role
DSCR Investment Property Loan Highlights:
- No Tax Returns
- Employment NOT Required
- No Income Required
- No Debt-to-Income Ratio Calculated
- Cash Flow based on Subject Property rents
- if the property is vacant upon purchase, market rents from the appraisal will be used to calculate DSCR
- SFR, Condo, and 1-4 Unit
- Maximum Loan $2.5M | Purchase and R/T Refinance
- Maximum Loan $2M | Cash-out Refinance
- Unlimited Financed Properties OK
Valor has solutions to access capital through a refinance with a rate that will let your property cash flow.
WE OFFER EVERY MORTGAGE LOAN IN THE BOOK
CONTACT ME TODAY for immediate attention to your scenario
Visit our Valor Lending Website.
Recap of our Loan Products
- Hard Money Loans (20% down / minimal documentation) – Typically funded in 7-10 days.
- Stated Income Loans (Great for business owners and self-employed) No tax returns!
- 100% financing is available (we can cross-collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow, No DSCR Coverage is needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground-up Construction for spec homes, custom homes, and commercial ground-up.
- Farms, Vineyards, Ranches, and Agricultural Properties (25-30% down)
- 10% down Jumbo’s up to $1.5mm
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
Other Programs we Offer:
- Conventional Conforming Loans
- High Balance Conforming
- Jumbo Loan Financing |10% down Jumbo to $1.5mm
- FHA, USDA
- Reverse mortgages up to $1 Million in Value
- Cash-Out Refinancing
*Terms and conditions can change daily without notice
We look forward to the opportunity to serve you!
