Expanded Investor By LendSure
LendSure’s Debt Service Coverage Ratio (DSCR) program focuses on the property cash flow, so no other income documents are required. LendSure’s DSCR loans offer fast closings with minimal conditions, so the process is essentially hassle-free.
- Close multiple loans for the same investor at the same time
- No limit on the number of properties owned and can finance up to 10 properties for 1 investor
- Industry-leading funding times
- Qualify on Interest Only Payments – Excellent for qualification and cashflow purposes, particularly with our 10-Year IO period on our 40-Year Term program
- Non-Warrantable condos and Condotels allowed (up to 75% LTV)
- Rate buy-down feature available
- Minimum DSCR ratio of 1.0. Ratio under 1.0 requires Senior Management approval.
1-4 Unit Properties
- Loan amounts up to $3,000,000
- Cash-Out up to $500,000
- Loan-to-Value up to 85% for Purchase
- Loan-to-Value up to 80% for Rate & Term
- Loan-to-Value up to 75% or Cash-out Refinance
- Minimum FICO: 660
5-10 Unit Properties
- Loan amounts up to $3,000,000
- Cash-Out up to $500,000
- Loan-to-Value up to 75% for Purchase
- Loan-to-Value up to 70% for Rate & Term Refinance
- Loan-to-Value up to 65% for Cash-out Refinance
- Minimum FICO: 660
Submit Your Loan Scenario
