DSCR Mortgage Loan
A Debt Service Coverage Ratio (DSCR) loan looks at the cash flow generated from an investment property to qualify for a mortgage instead of personal income.
Buy Or Refinance Your Investment Property Without Tax Returns!
LTV Up To 80% for Cash Out and Rate / Term Refinances
Do you want to buy a rental property?
We have the perfect loan program for you!
Call or Apply Online
We are ready to answer any questions that you have. Completing an application online can be as quick as 5 minutes.
Get Approved
We will review your loan application, your property will be appraised, underwritten, and approved.
Fund
Once all items have been satisfied, loan docs will be drawn. You'll sign loan docs and your loan will fund.
Our DSCR Loan Terms:
Single Family, Condos, Townhomes, Commercial and Mixed-use options, Multi-Family up to 20 units
Loan amounts from $125K to $5MM
Use 80% of AirDNA data for Purchase and Refinance
0.75 Minimum DSCR
Up to 80% LTV Purchase and Cash-out Refinance
Non-reporting mortgage option on personal credit
No ownership seasoning requirement
Close in LLC or personal name
DSCR MORTGAGE QUALIFICATIONS
650+ FICO Credit Score
Credit Card & Installment Loan History
Own Primary Residence or an Investment Property
No Major Credit Derogatory
20% Down minimum on Purchase, 80% Cash-out on Refis
DSCR Loans available in the following states
See what our clients had to say!
Expertise in DSCR, CoLiving, PadSplit, BRRRR, and Hard Money Loans
Franco Montano
Investor
PadSplit recommended Fernando, and they did a fantastic job! We completed multiple fundings with their help and are working with them again on our next purchase. Fernando's expertise has been invaluable to our investment journey!
Nancy English
Real Estate Agent
Fernando and his team came to the rescue and saved one of my deals after another lender that failed to close, even after 45 days! I highly recommend his services to anyone in need of a reliable lender.
Felipe Carapia
Investor
I had a successful refinance with Fernando's help. He was communicative throughout the process and secured an 80% LTV, which gave me an extra $15k where others could only offer 75%
Adam Delgado
First-time Investor
Fernando helped me close my first PadSplit deal and we're going to close on two more next month. I couldn't have asked for a better partner! His guidance has been instrumental in my success. I recommend him to anyone looking to get into their first investment property.
Our Story
Before founding Remote Lender, Fernando Corona saw that the traditional lending process was outdated, limiting loan access to those with W2 jobs. Passionate about his work, he sought to simplify loan products for investors, allowing them to scale their real estate portfolios without worrying about personal financials.
Remote Lender specializes in serving investors focused on co-living and short-term rental operations. See why Remote Lender is Padsplit's recommended lending partner.
© 2024 RemoteLender - All rights reserved.
Equal housing lender NMLS License #2479804
*Actual rates and offers may vary based on approval criteria, including but not limited to borrower FICO score, previous experience, period of ownership, etc.
