Rental Cash Flow Loan Program with No Income Documentation

Rental Cash Flow Loan Program with No Income Documentation

Rental Cash Flow Loan Program – Debt Service Coverage Ratio (DSCR) Loan

LendSure’s Expanded Investor program is underwritten based solely on the rent cash flow of the subject investment property, so no other borrower income documentation is required.

  • Purchase, Cash-Out and Rate & Term Refinance
  • Loan amounts up to $1,000,000
  • Unlimited financed properties permitted
  • LTV up to 80%
  • Non-warrantable condos permitted
  • Rate buydown feature available
  • DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) for cash flow of property
  • For DSCR < 1.00, 12-months reserves, prior investor experience with 2 other properties, and, for refinance, must have owned property for three years
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