How Lenders Calculate DSCR (And Why It Decides Your Investment Property Loan) If you’re buying a rental property, there’s one number that matters more than your pay stubs, your W-2s, or your day job: the DSCR. On a Debt Service Coverage Ratio loan, the underwriter isn’t really qualifying you — they’re qualifying the property. Once
Read MoreHow Bank Statement Loans Work: What Counts as Income (and What Doesn’t) If you’re self-employed, you’ve probably lived this: your business is doing well, your bank account proves it, but your tax returns tell a different story because you (smartly) write off every legitimate expense you can. Then you apply for a mortgage and get
Read MoreDSCR Loans vs. Conventional Investment Property Loans: Which One Fits Your Deal? If you’re buying a rental property, there are two main financing paths in front of you: a conventional investment property loan or a DSCR loan. I broker both, and I have this conversation with investors almost every week. Here’s the honest comparison I
Read MoreHow Mortgage Underwriters Actually Calculate Self-Employed Income If you’re self-employed and you’ve applied for a mortgage, you’ve probably heard some version of this: “You make good money, but we can’t use it.” It might be the most frustrating sentence in lending, and I hear it from borrowers every single week. So let me pull back
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