DSCR Plus Asset Utilization For Rental Income Shortage is an amazing loan program for investors that fall short on their DSCR ratio. This can be a powerful solution for real estate investors who have substantial assets but a rental property that doesn’t generate enough income to meet traditional DSCR requirements. No tax returns, paystubs, or W2’s needed. Eligible assets include 401(k)s, IRAs, retirement accounts, checking/savings, stocks, bonds, and mutual funds can be used to help offset a rental income shortfall. With asset utilization, borrowers may qualify with a DSCR of 1.15 or higher, with loan amounts up to $2.5 million and financing up to 80% LTV for purchase. 75% LTV for rate-and-term and 70% LTV for cash-out, with cash-out proceeds potentially used toward reserves. In short, your assets can help turn a rental property that doesn’t quite qualify on income alone into a financeable investment opportunity.
DSCR Plus Asset Utilization For Rental Income Shortage Highlights
- 80% LTV Max on Purchase
- 75% LTV for Rate & Term
- 70% LTV for Cash-Out Refi
- Qualifying Using Rental Income + Asset Utilization = $$$
- Max loan amount $2,500,000
- Minimum DSCR: >=1.15
- Used to Qualify: 401K, retirement accounts, checking’s or savings, stocks, bonds, IRAs, mutual funds
- 1-4 Unit properties and Condominiums permitted
- Minimum Middle Credit Score 680
- Gift Funds allowed
- Cash-Out can be used as reserves
Other Amazing Products Adam Lawrence at Valor Lending Group Can Offer:
- Hard Money Loans (20% down rate/term or purchase, 75% cashout, and minimal documentation)
- Stated Income Loans (Great for business owners and self employed ) No tax returns!
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow – No DSCR Coverage 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 with NO MI up to 2MM / 15% down up to $3mm
- 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)
Contact Adam Lawrence today to discuss your unique financing needs and explore the right loan solution for your specific scenario.
📞 858-344-0323
ALAWRENCE@VALORLENDING.COM
Whether you’re purchasing, refinancing, investing, or financing a unique property, let’s find the right loan solution for you.
