Expanded Investor By LendSure
LendSure’s Debt Service Coverage Ratio (DSCR) program focuses on the property cashflow, so no other income documents are required. LendSure’s DSCR loans offer fast closings with minimal conditions, so the process is essentially hassle-free.
- Up to 85% LTV for Purchase and 75% LTV for R/T Refi or Cash-out Refi
- Available for 1-4 Unit Properties
- Available for 5-8 Unit Properties with LTV up to 70%
- Loan amounts up to $1,500,000
- Cash-Out up to $500,000
- 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)
- FICO as low as 660
- Rate buy-down feature available
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