Ep #50 Shopping For DSCR Loans

In Episode #50 we cover the key questions to ask when shopping for a DSCR loan

Here are the questions I mentioned when interviewing a DSCR lender

1. What are your rates, costs, fees and minimum down payment
2. What ratios are you looking for
3. What data do you use to prove the ratio
4. Can you use STR data
5. Are you delegated with the investor or will the investor be processing, underwrite, order appraisal, close and fund the loan
6. Do you lock up front
7. What can change the rate/cost/required down from beginning to end

I am always happy to jump on a call www.STRHomeFinancing.com