Rental Home Financing Investment Loans
NO DSCR RATIO
New – April 2021 - No Ratio Loans offer real estate investors simplified financing options for taking advantage of the value of the property not by the DSCR of the property. So, it can be a vacation rental, High Value SFR.
This is expected to be another record year for the US real estate market. In order to take full advantage of the opportunities, investors need leverage. Interest rates may still be low, but many investors have been holding back due to fears of the hassles of applying for financing. Fortunately, a variety of new lending products are available in 2021, including streamlined loans with limited documentation requirements.
It is pretty straightforward:
Up to 70% of value-based is upon an appraisal that we order and you pay for. Most areas of the USA. The property can be vacant or not support traditional DSCR or DTI requirements.
Pricing incentives are based on zip code, LTV, the credit score(s), loan size, leased vs vacant, and term.
These No Ratio income and no ratio mortgages can be used for:
No income ratio mortgages with stated income loans can be ideal for investors needing to close fast with a vacant property, who want a streamlined closing process, and want to be confident when making offers on new purchases. Easier qualifying may now make it possible for more investors to obtain the fair leverage they have been searching for.
Rental Home Financing Investment Loans
Rental Home Financing
9465 Counselors Way
Suite #200,
Indianapolis, IN 46240