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E040: DSCR Loan Program for real estate investors

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Manage episode 327789758 series 2428571
Content provided by Adam Lesner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Lesner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How to get approved for a rental property mortgage with no employment history or personal income

With a Debt Service Coverage Ratio (DSCR) loan, there is no verification of personal income.

The approval is done based on property cash flow, not personal income.

You still need to meet credit and asset requirements, but the process is extremely simplified by not having to get tax returns, or any other personal income docs.

These are available on home purchase, rate/term refinance, and cash out refinance.

In today’s post, I cover everything you need to know about getting a DSCR Loan.

Full post here: https://balanceprocess.com/dscr-loan-program/

Full video here: https://youtu.be/5Bvh7fSYyDI

  continue reading

55 episodes

Artwork
iconShare
 
Manage episode 327789758 series 2428571
Content provided by Adam Lesner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Lesner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How to get approved for a rental property mortgage with no employment history or personal income

With a Debt Service Coverage Ratio (DSCR) loan, there is no verification of personal income.

The approval is done based on property cash flow, not personal income.

You still need to meet credit and asset requirements, but the process is extremely simplified by not having to get tax returns, or any other personal income docs.

These are available on home purchase, rate/term refinance, and cash out refinance.

In today’s post, I cover everything you need to know about getting a DSCR Loan.

Full post here: https://balanceprocess.com/dscr-loan-program/

Full video here: https://youtu.be/5Bvh7fSYyDI

  continue reading

55 episodes

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