DSCR, or debt service coverage ratio, mortgages are for non-owner occupied homes.
This type of mortgage takes into account a borrower’s ability to generate income from a property to cover the mortgage payments rather than document income from the borrower.
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At MyTown Mortgage, we understand that securing financing for your investment properties can be a challenging task.
That’s why we offer debt service coverage ratio (DSCR) loans to help you achieve your investment goals. With years of experience in the mortgage industry, our team of experts is here to provide you with customized solutions that meet your unique needs.
Our DSCR loans are designed to help real estate investors purchase or refinance investment properties.
Unlike traditional mortgages, these loans consider the property’s income and expenses rather than the borrower’s personal income. This means that you can qualify for a loan based on the property’s cash flow, making it an ideal option for investors looking to expand their real estate portfolio.
With our DSCR loans, you’ll benefit from more flexible underwriting criteria, higher loan amounts, and competitive interest rates. Our team of mortgage experts has years of experience in the industry, and we’re committed to providing you with customized solutions that meet your unique needs.
Whether you’re a seasoned investor or just starting, MyTown Mortgage is here to help you secure the financing you need to grow your real estate portfolio. Contact us today to learn more about our DSCR loans and how we can help you achieve your investment goals.
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