DSCR Loans for Real Estate Investors

A DSCR (debt service coverage ratio) loan qualifies a real estate investor mainly on whether the property's rental income covers its mortgage payment, taxes and insurance, rather than on the borrower's personal tax returns.

Requirements such as minimum ratio, down payment and credit score vary by lender and property, so programs are compared before a borrower chooses one.

Rick Carrier, NMLS #268110, The Carrier Mortgage Team, Innovative Mortgage Services, Inc. (Company NMLS #250769). Call (281) 767-6700.