DSCR Loans
Welcome to Faith Lending:
Achieve Investment Success with DSCR Loans
At Faith Lending, we understand the unique needs of real estate investors. Our Debt Service Coverage Ratio (DSCR) loans are designed to provide financing solutions that focus on the cash flow of the investment property, rather than traditional income documentation. Let us help you expand your investment portfolio with ease and confidence.
DSCR loans are tailored for real estate investors who prioritize the income generated by the property over personal income for qualification. This type of loan is ideal for those seeking to finance investment properties based on their ability to generate rental income.
100M+
Loans Funded
1000+
Families Served
25+
Years of Service
REQUIREMENTS FOR DSCR LOANS:
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Debt Service Coverage Ratio: The property must have a minimum DSCR, typically 1.25 or higher, demonstrating sufficient rental income to cover the mortgage payments.
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Credit Score: Minimum of 620, though higher scores may offer better terms.
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Down Payment: Typically 20% to 25% of the property's purchase price.
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Property Type: Must be an income-generating property, such as rental properties or multi-family units.
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Appraisal: An appraisal is required to confirm the property's value and rental income potential.
Book your Appointment Today!
Book your Appointment and speak to our Loan Specialists!
Faith Lending Can Help by:
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Expert Guidance: Our team of mortgage professionals will assist you through every step of the FHA loan process, ensuring you understand all your options.
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Personalized Support: We provide tailored solutions to fit your unique financial situation and homeownership goals.
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Streamlined Process: Faith Lending simplifies the application and approval process, making it smooth and stress-free.
Discover how Faith Lending can help you achieve your homeownership dreams with an FHA loan. Reach out to our team to begin your journey to owning a home.
