RENTAL LOAN (DSCR)
RENTAL LOAN
Starting Rate 5.9%*
Are you looking to purchase or refinance an investment rental property? TN3B Financial offers long-term financing options, including DSCR (Debt Service Coverage Ratio) loans, which allow you to qualify without relying on personal income. A DSCR loan is ideal for real estate investors, as it focuses on the property's rental income rather than requiring income tax returns or financial documents. With DSCR loans, you can secure capital for your rental investments without the hassle of submitting tax returns or W-2s, making it a simple and efficient way to generate cash flow.
KEY FACTS ABOUT OUR SINGLE RENTAL LOANS
- No Income Documentation Required: DSCR (Debt Service Coverage Ratio) loan does not require W2s, paystubs, or tax returns.
- Credit Score Requirement: A minimum FICO score of 620 is necessary for eligibility.
- Flexible Rental Financing: Financing available for both long-term rentals and vacation rentals (Airbnb, Vrbo, etc).
- Eligible Property Types: Single-family rentals (SFR), warrantable condos, townhomes, PUDs (Planned Unit Developments), and 2-4 unit properties qualify for this loan.
- Foreign Nationals Accepted: Foreign nationals are eligible to apply for this DSCR loan.
What Unique Advantages Does The Single Rental Loan provide?
- Cash Flow-Based Underwriting: We evaluate your rental property like a small business, basing the loan on the cash flow it generates rather than your personal income.
- Unlimited Property Ownership: There are no limits on the number of rental properties you can own, offering you the ultimate flexibility.
- Personalized Support from Start to Finish: We offer dedicated service throughout the entire loan process, ensuring personalized attention from the initial quote to the final closing.
We offer Purchase, Rate and Term, and Cash-out Refinance options, whether for a single asset or portfolio pooling. These solutions empower investors like you to build a steady stream of income through rental property investments.