No Ratio DSCR

We are dedicated to providing flexible solutions that empower our borrowers to achieve their financial goals. That’s why we are excited to introduce our No Ratio DSCR mortgage program, designed to help qualify more borrowers effectively. Here are the key highlights of this program:

• No Minimum DSCR: We understand that every borrower is unique, and their financial situations may vary. With our No Ratio DSCR program, we have removed the minimum Debt Service Coverage Ratio (DSCR) requirement. This offers greater flexibility in financing, allowing borrowers with diverse income sources to qualify for a mortgage.
• No Reserves Required: We believe in streamlining the qualification process for our borrowers. That’s why we have updated our guidelines to eliminate the need for reserves. This means your clients can benefit from our No Ratio DSCR program without the burden of maintaining additional funds in reserve.
• Loan Amounts up to $2M: We recognize that financing needs can vary greatly. To accommodate a wider range of borrowers, we have increased our loan limits. With our No Ratio DSCR program, borrowers can now access loan amounts up to $2 million, providing them with the necessary funds to achieve their real estate goals.
• Minimum 650 FICO: While we strive to offer accessibility to as many borrowers as possible, we also prioritize maintaining quality standards. To ensure a strong credit profile, we have set a minimum FICO score requirement of 650 for our No Ratio DSCR program.
• Optimized LTV Ratios: Whether your clients are looking to purchase a property or access equity through a cash-out refinance, we have optimized our Loan-to-Value (LTV) ratios to better meet their objectives. For purchase transactions, we offer up to 65% LTV, while for cash-out refinances, we provide up to 55% LTV.

These enhancements to our No Ratio DSCR mortgage program are designed to empower our borrowers and expand their business horizons. We believe in providing flexible solutions that cater to the unique needs of each borrower, and our No Ratio DSCR program is a testament to that commitment.

If you have any questions or would like more information about our No Ratio DSCR program, please don’t hesitate to contact us. We are here to assist you and help your clients achieve their financing goals.