Debt Service Coverage Ratio (DSCR) is a financial metric used to assess a borrower’s ability to servicedebt obligations. It is especially useful when it comes to financing investment properties. DSCR is calculated by dividing the net operating income (NOI) of a property by the annual debt payments, and it indicates how much cash flow is available to service debt obligations.

Our DSCR loan program is an excellent option for investors, including first-time investors, who want to acquire a rental property without providing employment or income verification. Unlike traditional mortgage loans, our DSCR program does not rely on the borrower’s personal income, but on the cashflow generated by the property. This means that even if the borrower has a high debt-to-income ratio, they can still qualify for a loan.

One of the significant benefits of our DSCR loan program is that it allows investors to purchase properties in an LLC, trust, or individual’s name. Additionally, our DSCR loan program offers up to 85% LTV, which means that borrowers can finance a large portion of the property’s value, and have a downpayment as little as 15%. This can be especially beneficial for investors who want to use leverage to increase their returns.

At LISA HOME MORTGAGE™, we understand the unique needs of real estate investors, and our DSCR loan program is designed to help them achieve their investment goals. Whether you’re a seasoned investor or a first-time buyer, our experienced team can help you navigate the loan application process and get the financing you need to make your investment property a success.