DSCR loans are designed for real estate investors, focusing on property cash flow instead of personal income for financing approval.
Why Choose DSCR Loans?
Debt Service Coverage Ratio (DSCR) loans are a specialized financing option tailored for real estate investors. Unlike traditional loans, DSCR loans evaluate the cash flow generated by the property, not your personal income. This unique approach makes them ideal for investors looking to acquire or refinance investment properties while bypassing the complexities of traditional income verification. Whether you’re a seasoned investor or just starting your real estate journey, DSCR loans provide a flexible and efficient path to grow your portfolio.
Key Features and Benefits
The standout feature of DSCR loans is their reliance on the property’s cash flow to determine eligibility. If the property generates enough income to cover its debt payments, you’re likely to qualify. This eliminates the need for extensive income documentation, streamlining the approval process. DSCR loans also offer competitive rates, allowing you to optimize your return on investment. With options for single-family homes, multi-unit properties, and other real estate investments, these loans are versatile and investor-friendly.
Simplifying Your Financing Journey
At Cascade Home Loans, we specialize in making the DSCR loan process straightforward and hassle-free. Our team works closely with investors to ensure your financing aligns with your goals. From evaluating the property’s income potential to navigating loan terms, we provide expert guidance every step of the way. Whether you’re acquiring your first rental property or expanding an established portfolio, we’re here to help you maximize your investment potential.
Apply for your loan without worrying about upfront application costs, so you can focus on finding the right home and financing solution.
DSCR loans are designed for real estate investors, with eligibility based on the property’s cash flow rather than personal income.
DSCR is a metric that compares a property’s net operating income (NOI) to its debt payments. A DSCR of 1 or higher is typically required to qualify for a loan.
DSCR loans can be used for various property types, including single-family homes, multi-unit properties, and short-term rentals.
Unlike traditional loans, DSCR loans don’t require income verification. Approval is based solely on the property’s income-generating potential.
You’ll typically need property income statements, operating expense details, and proof of ownership for existing properties.
Yes, DSCR loans are an excellent option for refinancing investment properties, including cash-out refinancing.
Don’t just take our word for it
Matt is a pleasure to work with. He helped me through every part of the home buying process answering any and all of my questions along the way. He is hard working, timely, and easy to understand. I would recommend him!
Andrew was a dream to work with. I had a complicated situation and he was there to help me throughout the whole process. He was extremely helpful with all of the difficult situations that came his way. I would not hesitate to recommend him to anyone.
We closed on the house in less than 28 days and this was the first time we ever applied for a loan( FHA). Working with Andrew was literally a breeze. He was very responsive and connected us with anyone we may need during the entire loan process. He was honest, thoughtful, and helpful each step of the way and made the entire process so smooth. Can’t recommend him enough!
Trying to buy a house in a red-hot market is a challenge; having Andrew on the finance side made everything so much easier. We made offers on several properties and every time Andrew was able to provide an approval letter immediately. When we finally had an offer accepted, he made the process clear and simple, and most importantly FAST. We would definitely recommend Andrew to anyone looking for financing.
Andrew stayed on top of everything and made the process very easy, under 2 weeks from submission to clear to close. I would absolutely recommend him to anyone in the future.
From the first contact “let me pull over I am driving and I will have a quote for you”: which only took about 25 mins max to today, the day of closing it has been little more than 31/2 weeks and it is all because of Andrew’s undivided attention, availability and determination. A pleasure to work with highly recommended!
It was a pleasure working with Andrew in both shopping for a mortgage and then completing the mortgage application and closing process. He was professional and very easy to work with…open to talk at any time and answer any questions…right up to the closing. He was even present at the closing to again field any questions and ensure the closing went as expected. I highly recommend Andrew to anyone looking for financing solutions.
My wife and I had a difficult situation between buying and selling homes with different agents and being long distance. I found Andrew multiple times going above and beyond what he should be doing. Recognizing that buying/selling house waits for no one makes it difficult when you are at work, Andrew would ALWAYS pick up the slack on our end as well as give me much needed reminders. In addition, I found it refreshing to get honest answers from Andrew, rather than hearing what you “want” to hear. All in all, Andrew is great at his job and a really great person, that always has your interest in mind, and will do the right thing. He makes one of the more stressful life events, a little bit less stressful.
Andrew was very responsive and went out of his way to make sure we always had all of our questions answered. He worked with us to make sure that we could afford our home and get into it quickly, before we even found one to put an offer in. Even after closing, he continued to answer our questions and give us advice.
Most people find that mortgage financing is complicated and confusing. We help you buy your dream home by simplifying the mortgage financing process with personalized loan options that save you time and money.
