Unlike conventional loans that require extensive personal income documentation, a DSCR loan evaluates whether a property’s rental income is sufficient to cover its debt obligations. By shifting the focus to the property’s financial performance, these loans simplify the approval process for investors. This type of cash-flow-based non-QM financing is commonly used to purchase or refinance investment properties when traditional income documentation doesn’t accurately reflect cash flow.
We will discuss the benefits of a DSCR loan and the products Deephaven offers to support the investor:
- DSCR 1-4 Units
- DSCR 5-9 Units
- DSCR Second Mortgage