New DSCR Investment Property Loans | Valor Lending Group
Curious about our New DSCR Investment Property Loans?
The demand for New DSCR Investment Property Loans is on the rise in today’s market!
These loans are ideal for real estate investors looking to generate rental income or profit from fix-and-flip ventures.
Contact me today to find out more about our New DSCR Investment Property Loans!
Valor Lending Group is thrilled to announce that we are now licensed in FLORIDA!
We are excited to offer EVERY LOAN IN THE BOOK to the beautiful Sunshine State, aiming to elevate the standards of mortgage loan financing!
What are the Benefits of using a DSCR Investment Property Loan?
Traditional mortgage lenders require tax returns, W-2s, and pay stubs to ascertain monthly income. While salaried and hourly borrowers are evaluated based on their gross income, self-employed borrowers are assessed based on their net income, which is the adjusted gross income displayed on tax returns. This discrepancy can disadvantage real estate investors and other self-employed individuals.
However, rental loans offer a convenient avenue for real estate investors to secure funding for property acquisitions and refinance. These loans do not mandate bank statements or tax returns, nor do they require qualification based on a debt-to-income ratio. Additionally, bank statement loans serve as an excellent alternative for self-employed borrowers (to learn more about bank statement loans click here.)
Borrowers who do not fit within conventional underwriting standards but seek long-term loans with better rates than private money loans can benefit from the DSCR investment property loan. These loans do not necessitate tax returns, proof of income or employment, or calculations based on debt-to-income ratios.
DSCR loans offer the flexibility and reduced documentation requirements of private money loans while featuring interest rates more in line with traditional financing. This dynamic field of real estate financing presents a potent opportunity to expand your real estate portfolio.
What is the Debt Service Coverage Ratio (DSCR)?
The Debt Service Coverage Ratio (DSCR) is calculated by dividing the property’s current rents by the new Principal, Interest, Taxes, and Insurance (PITI) monthly payment. If your property’s rents cover your total mortgage payment, it means your property’s debt is serviced, indicating financial stability.
For example, if your new monthly P&I is $1,851.26, taxes are $758.53, and insurance is $147, making your total PITI $2,756.79, and your current rents are $3,200, your DSCR would be 1.16 ($3,200 / $2,756.79).
Lenders use the DSCR to assess your ability to repay a loan. A ratio over 1 is favorable, with higher ratios being better. The minimum DSCR required by lenders can vary depending on economic conditions, with a growing economy potentially allowing for more flexibility in qualifying ratios.
Exciting DSCR Investment Property Loans Program
If you prefer NOT to rely on Debt-to-Income (DTI) criteria or if you don’t meet the requirements for a conventional loan, this loan program might be a suitable option. The Exciting DSCR Investment Property Loans program evaluates reserves, payment history, and credit depth. Some key features include loan amounts up to $6.5 million, the option to vest in an LLC, and a 30-day asset seasoning period, which is typically 60 days.
Is it possible to secure a DSCR Loan without a Down Payment?
With a DSCR loan, a down payment is required. Through Valor Lending Group, you can access multiple sources offering as low as 15% down. Ask me how
Highlights of Exciting DSCR Investment Property Loans:
Purchase a DSCR with just 15% down, or opt for a Rate and Term Refinance at 80% LTV, or a Cash-Out Refinance also at 80% LTV. Additionally, consider a NO Ratio DSCR at 75% for Purchase, Rate and Term, or Cash-Out options.
- No Tax Returns
- Employment NOT Required
- No Income Required
- No Debt to Income Ratio Calculated
- Cash Flow Based on Subject Property Rents (if property is vacant upon purchase market rents from the appraisal will be used to calculate DSCR)
- SFR, Condo, and 1-4 Unit
- Maximum Loan $6.5M
- Unlimited Financed Properties OK
Don’t let a rising-rate environment impede your investment property acquisitions!
Our refinancing solutions provide access to capital with rates that ensure positive cash flow from your properties.
CONTACT ME TODAY for immediate attention to your scenario.
Recently Funded | Valor Lending Group
$1,044,550 Loan amount | Hard Money Bridge Loan | Purchase | 65% LTV | Murrieta, CA
$1,900,000 Loan amount | Full Doc Jumbo Loan | Cash Out Refi | 31% LTV | Mirage, CA
$1,430,000 Loan amount | 24 Month Bank Statement Loan | Purchase | 65% LTV | Phoenix, AZ
$2,625,000 Loan amount | Ground up Construction Loan | Purchase | 65% LTV | Malibu, CA
$1,905,000 Loan amount | Fix and Flip Loan | Purchase | 90/100 LTV | Palos Verde, CA
$2,645,000 Loan amount | Ground up Spec Construction Loan | Purchase | 65% LTV | Palm Springs, CA
$712,500 Loan amount | DSCR Loan | Cash Out Refi | 75%LTV | 70% LTV
$4,013,750 Loan amount | Full Doc Jumbo Loan | Rate& Term Refi | 75% LTV | Newport Beach, CA
$592,500 Loan amount | DSCR Loan | Purchase | 75% LTV| Seattle, WA
$1,950,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 70% LTV | Berkeley, CA
$3,100,000 Loan amount | 12 Month Bank Statement Loan | Purchase | 43% LTV | Coronado, CA
$1,790,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | Berkeley, CA
$1,008,000 Loan amount | Full Doc Jumbo Loan | Purchase| 80% LTV | Anaheim, CA
$1,740,000 Loan amount | Hard Money 2nd Position Bridge Loan | Cash Out Refi |61% CLTV | Berkeley, CA
$4,775,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 62% LTV
$505,000 Loan amount | Full Doc FNMA Loan | Purchase | 85% LTV! | Ventura, CA
$2,100,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 51% LTV | S. Carolina
And many more.
We do them all, so give me a call!
Recap of Our Loan Products:
- Hard Money Loans (20% down / minimal documentation) Typically, funds 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 $2.5MM
- Investor Cash Flow Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow
- 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)
We Also Offer:
- 10, 15, 20, 25, 30 years Fixed, Conventional Conforming Loans
- High Balance Conforming aka Super Conforming
- Jumbo’s to $10 Million / 10% down Jumbo to $1.5MM
- FHA, USDA
- ARM’s
- Reverse mortgages up to $1 Million Value
- Refinance including Cash Out
**Rates and terms subject to change without notice
