Does rent cover payment (or close)? Then you probably have options!
DSCR Mortgages allow you to purchase or refinance rental homes without employment info. Other than the cash flow from the rental, lenders don’t ask about income. If you want to purchase an investment home or do a cash-out refinance—without debt-to-income calculations—these loans are great options that don’t require tax returns or personal income. You can even use a DSCR mortgage after you purchase using all cash.
Want or have short-term rentals like Airbnb? Have long-term rentals and looking to buy more? Need cash to remodel or pay off credit cards used for renovations? Even improve your monthly cash-flow. Rental income mortgages like DSCR loans could be your answer!
Even if you think you won’t qualify, contact us anyways. You’d be shocked how often customers think it won’t work when it actually does!
Choosing us as your broker gives you access to the best lenders. Don’t limit yourself to a few companies when Nile Mortgage already did the homework:
Best Rates + Top Programs + Fastest Turn-Times
Why aren’t rates posted on our website? Simple: we don’t believe in teaser rates. Let’s find your best mortgage: the best combination of rate, program, and turn-time for you.
About 5 minutes is all we need and we’re excited to help!
Call now or request a contact and let’s get started!
Commonly Used DSCR Mortgage Terms
