Unlock Investment Potential: DSCR Mortgages Explained
https://thedocegroup.com/dscr-loans/ ... more
Unlock Investment Potential: DSCR Mortgages Explained
https://thedocegroup.com/dscr-loans/

Tired of traditional mortgages holding back your real estate dreams? The Debt Service DSCR mortgage program might be the key. This investor-friendly option lets you qualify for financing based on your property's projected rental income, not just your personal income.

Focus on Cash Flow: DSCR prioritizes the property's ability to generate income over your tax returns. This is ideal if your income doesn't reflect your true earning potential or you have multiple investment properties.

Unlock More Opportunities: Don't let low personal income limit your portfolio growth. DSCR loans can help you secure financing for that income property, even if you haven't reached traditional income benchmarks.

Streamlined Process: DSCR loans often involve less documentation and faster closing times compared to conventional mortgages.

But is DSCR right for you? Consider these factors:

Minimum DSCR Ratio: Lenders typically require a minimum DSCR, which means the property's rental income must cover the mortgage payment and other expenses by a certain margin.

Higher Interest Rates: DSCR loans may come with slightly higher interest rates compared to conventional mortgages.

Non-QM Loan: DSCR falls under the non-qualified mortgage (non-QM) category, which means there might be stricter eligibility requirements or larger down payments.