DSCR NO RATIO

The Loanhouse NO RATIO DSCR product is a game-changer for real estate investors looking for flexible financing solutions. Unlike traditional loans that require strict income verification and debt-service coverage ratio (DSCR) calculations, this product allows borrowers to qualify based on the property's potential rather than personal income. This makes it an ideal option for self-employed investors, those with complex financial situations, or individuals looking to scale their rental portfolios without the hassle of extensive documentation. With competitive rates, streamlined approval processes, and the ability to finance properties that might not meet conventional lending criteria, the Loanhouse NO RATIO DSCR product provides the freedom and flexibility investors need to seize opportunities and grow their real estate holdings efficiently.

Product Highlights

Property Type: 1-4 unit residential properties

No DSCR Calculation Required – No minimum debt service coverage ratio (DSCR) needed for qualification.

Loan Amounts – Up to $2.5 million.

LTV – Up to 80% for purchases and rate/term refinances; up to 75% for cash-out refinances.

Credit Score – Minimum 640 FICO.

Property Types – 1-4 unit residential, condos, townhomes, and non-warrantable condos.

Occupancy – Investment properties only (no primary or second homes).

Income Documentation – No personal income verification required; qualification based on property value and market potential.

Prepayment Penalty – Available for reduced rates in applicable states.

Interest-Only Option – Available for select loan terms.

Foreign Nationals – Eligible with specific guidelines.

Fast Closings – Streamlined process for quick funding.