With a DSCR loan, your monthly payment covers principal, interest, property taxes, insurance, and HOA fees (if applicable). However, it doesn’t include expenses like maintenance costs and management fees, which are important to factor into your overall cash flow. Including these extra costs can give you a clearer picture of your property’s profitability.

DSCR loans are great for rental property investors because they focus on the property’s cash flow rather than your personal income. This makes it easier to grow your portfolio without affecting your personal debt-to-income ratio. Plus, DSCR loans simplify the approval process and help keep your finances separate from your investments. It’s a flexible option for serious investors looking to grow their rental portfolio.

If you skip entering expenses like taxes, insurance, maintenance fees, management fees, or HOA fees, they won’t be included in your calculation results. This might give you a higher DSCR, as those expenses aren’t factored in. For the most accurate cash flow assessment, we recommend entering all relevant expenses.

Down payment requirements can vary, but for most DSCR loans, expect to put down 20% to 30% of the purchase price. This can depend on a few factors, so feel free to reach out, and we’ll discuss what might work best for your situation.

Your interest rate depends on several factors, like loan type, loan amount, down payment, and credit history. Rates can also change with market trends. We’ll work with you to find a rate that aligns with your goals and investment profile.

The best loan is one that fits your investment goals and financial situation. Factors like credit profile, property type, and down payment all play a role. Not sure what’s right for you? Our Loan Advisors are here to help you find options that match your needs