If you have any questions, please contact us. 832-877-8309 or email us at aloanmortgage@gmail.com
DSCR Loans
A DSCR (Debt Service Coverage Ratio) loan lets real estate investors qualify based on the rental income a property generates, instead of personal income, tax returns, or W-2s. It’s a popular option for self-employed borrowers and investors purchasing property under an LLC, because it can mean faster approval and less paperwork than a traditional loan.
ALOAN Mortgage LLC offers DSCR loan programs in California and Texas with the following highlights:
– No personal income or employment verification required (no income documentation on the 1003)
– Minimum credit score (FICO) of 599
– Minimum DSCR of 0.75
– Loan amounts up to $2,000,000
– Cash-out refinance available, with up to $1,000,000 cash in hand
– Cash-out proceeds may be used toward reserve requirements
Whether you’re purchasing a new rental property or refinancing an existing one, our team can help you find the DSCR loan option that fits your investment strategy.
