DSCR INVESTOR CASH FLOW
Mortgage Solutions for the Non-Traditional Buyer
Investors can purchase a property and use the expected rent income for income qualification with the DSCR Investor Cash Flow product. No income documents needed!
AT A GLANCE
Investment properties eligible 2 years removed for any major credit event First-time home buyers welcome
Loan amounts to $2MM Minimum FICO score required 720+ Interest-only options available No debt-to-income (DTI) or employment verification required Qualification is based on the debt- service coverage ratio (DSCR) of the subject property Up to 85% LTV*
No Seasoning on DSCR Loans
DSCR must be greater than or equal to (The gross rent must be greater than the mortgage payment including principal, interest, taxes, insurance, and any property association fees) Fixed and adjustable-rate mortgages
6% Seller Concessions
Reach out to find out how our mortgage solutions can help the non-traditional borrower!
DeAnn Ellis Davidson Senior Mortgage Consultant NMLS# 148916 | GA MLO# 25670 155 Bankers Boulevard, Unit I-200, Monroe, GA 30655 Office: 855-ELEMENT Cell (770) 616.8042 EllisMortgageTeam.com DeAnnEllis@elementhl.com
*Not eligibile with short term rental (max LTV 75% on STR). Equal Housing Lender. MLO State Licensing Information 123456. NFM Lending is not affiliated with any real estate companies. You are entitled to shop around for the best lender/real estate company for you. A pre-approval is a preliminary verification of your credit and assets and not a guarantee that you will be approved for a mortgage loan. The loan application approval will only be given when the property appraisal, title search, and other verifications are complete. Additional financial documentation may be necessary. Subject to Debt-to-Income and Underwriting requirements. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Equal Housing Lender. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. Subject to Debt-to-Income and Underwriting requirements. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Not all programs are available in all areas. Offers may vary and are subject to change at any time without notice.
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