I follow up to understand what you're working on.
We'll establish whether you're purchasing, refinancing or looking to access equity, along with your timeline and basic financing goals.
Estimate the property's DSCR, then tell me a little about the deal. I'll review the complete scenario to help identify financing structures that may be worth exploring.
Purchase, refinance or cash-out refinance.
Estimate cash flow, payment and DSCR.
Tell me about the property, investor and objectives.
Explore potential programs and financing structures.
Use the quick qualifier below to estimate the property's DSCR and provide the details needed for a more complete scenario review.
Having trouble viewing the qualifier? Open it directly.
Questions? 801-819-5901 · Email Victor
The DSCR Quick Qualifier and scenario review are for informational and planning purposes only. Calculations are estimates and may differ from the methodology used by a particular lender or loan program. No credit inquiry is required to use this calculator or request an initial scenario review.
This is not a loan application, loan approval, rate lock or commitment to lend. Program availability and qualification requirements vary by lender, borrower, property, loan purpose and state. DSCR loans are generally business-purpose financing for eligible non-owner-occupied investment properties. Victor Emmel · Mortgage Loan Advisor · NMLS #133605 · Coast2Coast Mortgage, LLC · NMLS #376205 · Equal Housing Lender.
The first step is simply making contact. From there, I'll work with you to understand the property, evaluate the financing possibilities and identify the next steps that make sense for your investment.
We'll establish whether you're purchasing, refinancing or looking to access equity, along with your timeline and basic financing goals.
The qualifying rental income, property value, loan amount, taxes, insurance and any HOA expenses help us understand how the property may perform under different DSCR programs.
We consider leverage, credit, reserves, ownership structure, prepayment provisions and transaction timing to identify potential financing options.
I'll explain the available options, what still needs to be verified and the potential costs and benefits of each structure so you can make an informed financing decision.
A DSCR loan may address the qualification requirements of an investment property transaction. But qualifying for financing and choosing the right financing structure are two different things.
Missing a few numbers? That's fine. Start with the inquiry. Part of our conversation is identifying which assumptions need to be confirmed before you make a financing decision.
Debt Service Coverage Ratio helps measure how the property's qualifying rental income compares with its housing obligation. But a real loan scenario usually involves more than that calculation.
A workable DSCR does not automatically tell us the right leverage, loan structure or strategy.
Rental income is compared with the applicable housing expense used in the DSCR calculation. The exact qualifying method can vary by loan program.
Purchase price, current value, loan amount and available equity can affect which structures are available and how the deal performs.
Credit profile, liquidity, reserves, ownership structure and other program-specific requirements can affect pricing, leverage and eligibility.
Term, amortization, interest-only options, points, lender costs and prepayment provisions can materially change the economics of the financing.
The financing approach may differ depending on whether your priority is cash flow, leverage, liquidity, cash-out, acquisition speed or flexibility for the next investment.
That's why we'll discuss more than the rent and purchase price. Understanding the complete scenario helps us evaluate the financing in the context of your actual investment objectives.
Begin with a quick inquiry. We'll discuss the property, expected rent, requested financing and what you're trying to accomplish. From there, I'll help you explore the available options.
A scenario review gives us an opportunity to evaluate the financing against the investment itself before you move forward with a full loan application.
A DSCR scenario review is for informational and planning purposes. It is not a loan approval, rate lock, credit decision or commitment to lend. Loan programs, terms and qualification requirements vary.