Debt Service Coverage Ratio Loans
9.6 Days - Average Close Time. Have Closed In 5 Days Or Less
We have the Top 3 DSCR Lenders in the U.S. based on volume within our Lender Portfolio.
There's no one that can close quicker or is more aggressive on pricing & service. Period.
1 - 4 Units
THE TIME TO EXPAND YOUR PORTFOLIO IS NOW!
We have a quick and easy way to purchase more investment properties. Our Debt-Service Coverage Ratio (DSCR) loan allows you to qualify for investment properties based on the prospective monthly rental income.
✅ Finance up to 20 properties
✅ Loan amounts up to $3.5M
✅ Eligible for short-term and long-term rentals
✅ Low reserves requirement (as little as 3 months)
✅ Can be closed in an LLC (Limited Liability Company)
✅ Non-Permanent Resident Aliens/Visa Holders
✅ Foreign Nationals Allowed Up To 75% LTV
✅ Down to .80 DSCR Allowed
✅ *First Time Investors Allowed
✅ *Experience Not Required
✅ Prepay Options 0 - 5 Years
✅ Recourse / Non-Recourse
✅ Blanket / Portfolio Loans Ok
✅ No Sourcing or Seasoning Funds
This is a great opportunity for those looking to get started with rental properties, as well as those looking to grow.
Mixed-Used and Multi-Family
THE TIME TO EXPAND YOUR PORTFOLIO IS NOW!
✅ Finance up to 200 Units
✅ $250K Min - $5M (higher on exception)
✅ Cash Out Refinance (70% LTV Max)
✅ Purchase / Rate Term Refinance (75% LTV Max)
✅ NOI and Gross Calculation Available Depending On Unit Count
✅ 5 - 20 Units Gross 1.1 DSCR Used
✅ Foreign Nationals Allowed
(70% Purchase | 60% Rate & Term/Cash Out)
✅ Recourse / Non-Recourse
✅ Blanket / Portfolio Loans Ok
✅ No Sourcing or Seasoning Funds
✅ Min. 500 Square Ft. Per Unit
(400 For NY Properties/Exceptions Possible)
✅ MAI Commercial Narrative Appraisal Only
✅ Rural Case by Case
5 - 10 Unit Gross DSCR
✅ 1-1.15 Gross DSCR Calculation
✅ 5-10 unit residential properties
✅ 75% LTV Purchase / Rate and Term
and 70% LTV Cash Out with 700 score
✅ 70% LTV Purchase / Rate and Term
and 65% LTV Cash out with 680 score
✅ Min $250k Loan Amount
✅ Min 50k value per unit
✅ Max 2 vacant Units using 90% of
market rents for vacant units
✅ Rates Starting at 7.5%
✅ 0-5 year prepay
✅ Interest Only or Fully Amortizing
Approved In As Little As
15 Minutes
IT’S EASY WHEN YOU HAVE AN INITIAL APPROVAL
Want to feel good about making a strong offer on your dream home?
Get an initial approval for your loan almost instantly
when you work with independent mortgage professionals like us. Our cutting-edge process lets us do what big banks and retail lenders can’t and give you an initial loan approval in as little as 15 minutes — even on the weekends!
You’ll also enjoy greater transparency so you can gather any paperwork you need ahead of time and make sure your loan goes through as smoothly as possible.
Testimonials
NMLS ID #1416824
For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. E Mortgage Capital, Inc. d/b/a E Mortgage Capital, NMLS# 1416824. Equal Housing Lender
(NMLS consumer access: https://www.nmlsconsumeraccess.org/_)