DSCR, Bridge, Flip and Cash Outs For Investment Properties
Limited Documentation
No Income Verification
Purchase, Bridge, Flip & Cash Out
Top Investment Property Lender for 2024
Barrett Financial Group
Top Rated Private Mortgage Lender
DSCR Purchase and Cash Out Options
Short / Long Term Rentals & Fix and Flips
We Offer Rates From 100+ Lenders
Same Day Income & Credit Approval
No Tax Returns Required!
What are DSCR Investor loans?
DSCR loans, or Debt Service Coverage Ratio loans, are designed for real estate investors who may not meet traditional income documentation requirements. These loans allow borrowers to qualify based on the cash flow generated by the property rather than personal income. DSCR lenders typically do not require tax returns or W-2s. Instead, they focus on the rental income and expenses of the investment property, making them ideal for self-employed individuals, 1099 contractors, real estate investors, retirees, and foreign nationals.
Who is Eligible for a DSCR Loan Approval?
Self-Employed Individuals
1099 Independent Contractors
Business Owners
W-2 Employees
Real Estate Investors
Retired Borrowers
Foreign Nationals / ITIN
Borrowers with significant liquid assets
What are the Advantages of a DSCR Loan?
Our DSCR and Bridge Loans are specifically designed for real estate investors, offering flexible and practical financing options. These loans focus on the income generated by the property rather than the borrower's personal income, providing significant benefits for a variety of borrowers. We offer short term bridge loans and 30 year fixed options for long term rentals.
Low Documentation Requirements
DSCR loans do not require the borrowers income or employment to be on the loan application. With this exclusion, we don’t require borrower income documentation making this loan product ideal for self-employed individuals, 1099 contractors, business owners, and investors with alternative income sources.
Investor-Friendly Terms
These loans are tailored for real estate investors, including those purchasing or refinancing investment properties, short term rentals, long term rentals, and commercial properties. The focus on property cash flow rather than personal income simplifies the approval process.
Access to Financing for a Wide Range of Borrowers
DSCR loans open the door to financing for many individuals who might struggle with traditional mortgage qualifications, such as real estate investors, self-employed borrowers, foreign national or ITIN borrowers and retirees. .
Less Credit Score Limitations
DSCR loans can be accessible to borrowers with a range of credit scores, emphasizing the property’s financial performance over the borrower’s credit history.
Licensing:
John Peisner | NMLS #239185 | dscrbrokers.com powered by Barrett Financial Group, L.L.C. | NMLS #181106 | 8485 W Sunset Rd Suite 202, Las Vegas, NV 89113| AZ 0904774 | CA 60DBO-46052 & 41DBO-148702 Licensed by Dept. of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Financing Law License | CT ML-181106 | FL MLD1880 | GA 181106 | HI 181106 | ID 2080181106 | IL MB.6761630 view reinvestment notice barrettfinancial.com/illinois-reinvestment
| MN MN-MO-181106 | NV 5091 | NJ | NC B-203722 | OR | PA 92105 | TN 204577 | TX view complaint policy at barrettfinancial.com/texas-complaint | VA MC-7357 & MC-7357 | WI 181106BA & 181106BR | Equal Housing Opportunity | This is not a commitment to lend. All loans are subject to credit approval. | nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/181106 barrettfinancial.com |
Barrett Financial Group, L.L.C is a NMLS Licensed, independent mortgage company that provides mortgages for borrowers. Barrett Financial Group is not affiliated with any Govenment agency. All terms subject to credit approval and this is not a commitment to lend. Not all applicants will qualify.
