Keywords: FHA; Lown-Income; Conventional; Mortgage Loans.
Why we say DSCR program is magical？
1. No employment and income information is needed.
2. If the LTV is lower, we can waiver verify asset.
3. 5-8 unit residential properties (commercial properties) is allowed.
4. 2-8 unit mixed use properties is allowed.
5. Non-subject property only need provide mortgage statement; if the borrower is a professional investor, no document is need provide for non-subject property.
6. Business Entity is acceptable, including.
● Limited Liability Company ( LLC )
● Limited and General Partnerships
● Corporations
Post time: Jan-20-2022