DSCR Construction to Permanent-One Time Close

Avoid the costs and risks of Hard Money!!

Major Rehab or Construction to DSCR 

General loan parameters:

• DSCR Investment Business Purpose Loans
• 75% Loan to Value maximum with 740 score
• Minimum credit score 680
• Qualify based on future rents
• Minimum debt coverage ratio 1.15 to 1
• Loan sizes:  $250,000 to $2,000,000
• Traditional leased properties and Short-Term Rentals
  
  

Eligible Property types:

• Single family properties and PUD’s
• Multi-unit properties up to 4 units
• Modular homes
  
  

Loan purpose:

• Major property rehabilitation
• Replacing major building components
• Gut rehab
• Fixing substandard property conditions
• Extensive repairs
• Construction of a new residential Investment property
  
  

Loan terms:

• Attractive rates
• Interest only (IO) through construction/rehab phase.  
• Modification to DSCR permanent at market rates.
• One closing in eligible states.
  
  

Fully dedicated department of constructions/rehab loan experts.  Try our one-time closing Rehab/construction to perm today and avoid the high costs and additional risks normally associated with Hard Money Loans.