Small Commercial 5-8 Unit DSCR Mortgage Loan Programs
Designed specifically for real estate investors to finance small commercial rental properties using standard DSCR loans for fixed 30 or 40 year terms.
5-8 Unit DSCR Mortgage Loan Highlights
- Rental income: The primary focus of investor cash flow mortgage loans is the rental income generated by the property, with the loan amount determined based on this income.
- Loan amount: The loan amount for an investor cash flow mortgage loan is typically based on a multiple of the monthly rental income, with higher loan amounts available for properties with strong rental histories and high-income producing tenants.
- Loan terms: Investor cash flow mortgage loans are typically available with short-term loan terms, such as 1-5 years, allowing investors to take advantage of short-term market opportunities.
- No income documentation: Investor cash flow mortgage loans typically do not require documentation of the borrower's personal income, as the focus is on the rental income of the property.
- Quick closing: Investor cash flow mortgage loans can often be closed quickly, allowing investors to take advantage of investment opportunities quickly.
- Lower credit score requirement: Investor cash flow mortgage loans typically have lower credit score requirements compared to traditional loans, making them accessible to a wider range of borrowers.
The Best Loan for Real Estate Investors Looking to Qualify with No Employment or Income is a DSCR or Debt Service Coverage Ratio Loan!
This Non-QM mortgage product uses the Net Operating Income (Cash Flow) from the subject investment property to qualify the loan. It does not require full documentation for the owner of the property or LLC, typically rates are set based on the FICO score of the primary borrower, but employment and income documentation are not required.
DSCR = Net Operating Income/Debt Service (Principal + Interest + Taxes + Insurance + Association)
Small Commercial DSCR Mortgage Programs Available:
- Purchase / Refinance / Cash Out Refinance
- Up to 75% LTV Purchase
- Up to 75% LTV Cash Out
- Up to 30 Year Fixed
- Up to 40 Year Interest Only
- Up to $5M Loan Amount
- No Income or Employment Used
- 660+ Credit Minimum
- 5-8 Unit Properties
- Mixed Use Allowed
Apply Now to Purchase a 5-8 Unit Investment Property Using a DSCR Program!
5-8 Unit & 2-8 Unit Mixed Use DSCR Loan Program Terms:
- DSCR Mortgages for Small Commercial
- Up to 75% LTV Purchase
- Up to 75% LTV Cash Out
- 660 Min FICO
- No Employment or Income Verification
- Close in an LLC or Entity
- 30 Year Fixed & Interest Only Options
- Up to $3M Loan Amount
