Loans up to $3 million, minimum loan of $100,000 Credit Scores Starting at 680 | Up to 85% LTV Qualification based on property cash flow No personal income or employment information required Properties can be in LLC’s name No limit on total number of properties DSCR Loan Program Close More Loans with The Lending Corporation The Lending Corporation DSCR Loan program allows your clients to qualify based on rental analysis to determine property cash flow. No personal income required to qualify. This saves you from submitting complicated income statements and tax returns. Debt service coverage ratio or DSCR is a measurement of a property’s expected cash flow to determine a borrowers ability to repay a mortgage loan.
Borrower must own primary residence Purchase and cash-out or rate-term refinance 30 year interest only available Non-warrantable Condos allowed Condotels allowed (contact your local account executive for eligibility requirements)
Frequently Asked Questions How do you calculate the debt service coverage (DSCR)?
The debt service coverage ratio (DSCR) is a ratio of a property's cash flow to its annual mortgage debt. The expected rental payment is divided by the annual mortgage debt RDP (Rent Divided PITIA= DSCR). Do real estate investment loans close faster than other mortgage loans? Typically these loans do close quicker than others but this can vary. Contact The Lending Corporation to discuss your loan scenario. Can I get a mortgage for an investment property? Yes, utilizing our DSCR Loan product allows for cash flow on the property to be used to qualify for the loan.
Let's close your real estate transaction with ease and an on-time close and fund.
Danijella Dragas
www.thelendingcorporation.com +1 949-400-5779 ddragas@thelendingcorporation.com
Personal NMLS#:1099405 Company NMLS#:2621251
"Control risk, the returns will take care of themselves"
This flyer is a promotional advertisement for loans offered through The Lending Corporation. All loans are subject to credit approval, and the terms are subject to change. THE LENDING CORPORATION NMLS 2621251
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