No Ratio DSCR Investment Property Loan is a loan product structured for a investment property that does not debt service the monthly debt. No minimum debt service coverage ratio needed like a standard DSCR loan. The lender will not take into account whether the monthly rental income will cover your monthly expenses. Such as mortgage payment, interest, insurance, taxes, or HOA. What the lender will look at is global financial strength of the borrower and quality of the asset.
Valor Lending Group has numerous funding sources that can facilitate these loans. Call Adam Lawrence today to discuss a and see if it fits your real estate needs.
No Ratio DSCR Investment Property Loan Highlights
- Minimum Loan Amount $150,000
- Maximum Laon Amount $3,000,000
- Minimum Middle Credit Score: 660
- Purchase Max LTV at 75%
- Rate and Term or Cash Out Max LTV at 80%
- 100% Gift Funds Allowed
- Cash-out can be Used as Reserves
- Use any AMC!
- Transferred Appraisals Allowed!
- 1-4 Unit Only – NO Mixed Use
- Not allowed in NY or VT
Other Amazing Products Adam Lawrence at Valor Lending Group Can Offer:
- Hard Money Loans (35% down / minimal documentation) Typically Fund in 7-10 days.
- 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 / 10% 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)
CALL ADAM LAWRENCE TODAY FOR ALL AND EVERY LOAN SCENERIO 858-344-0323 or ALAWRENCE@VALORLENDING.COM
Check out more of what we offer. Check out Valor’s Mortgage News to learn more
