30-year DSCR rental loan
What is a CoreVest DSCR loan?
A CoreVest DSCR (Debt Service Coverage Ratio) loan, also known as a “rental loan” is a type of mortgage designed for real estate investors buying income-generating residential properties. DSCR loans provide access to long-term financing for rental properties. Borrowers qualify based on rental income rather than personal income.
Skip the W-2, finance with rental income.
DSCR loans can be a great financing option for self-employed investors and those looking to grow their portfolios rapidly. The loan is underwritten based on the rental income the property generates. The property’s income must cover monthly debt service payments. No need to provide W-2s or personal income documentation.
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