Fuel Your Business
Growth with a DSCR Loan
Fund your next rental property purchase with a 2023 competitively-priced DSCR Loan from the nation’s leading private lender, CoreVest Finance.
Flexible Financing Options
DSCR loans can be used for a wide variety of purposes, including the purchase or refinance of investment properties, the construction of new investment properties, and the rehabilitation of existing properties.
Grow Your Portfolio
Leverage the income from their investment properties to finance the purchase or refinance of additional properties. This can be a great way to grow a portfolio of rental properties without having to come up with all the cash up front.
Generate Income
DSCR loans are usually available at a lower interest rate than other types of loans because they’re considered to be less risky. That’s because the DSCR gives lenders assurance that the property will generate enough income to cover its debts.
DSCR Loan Criteria
CoreVest offers very competitive DSCR loan options for all types of real estate investors.
- Single rental property
- Long or short term leases
- Single-family, 1-4 units, condo, townhome
- $75k – $2M+
- Up to 75% of value
- 30 year terms
- Purchase or refinance
- Foreign nationals eligible
- Nationwide lending
CoreVest offers very competitive DSCR loan options for all types of real estate investors.
CLOSED IN LOANS
UNITS FINANCED
Trusted Nationwide Lender
“After speaking to many other lenders, CoreVest offers the best product lineup, which is truly cutting edge. Their combination of a fix and flip credit line and a rental portfolio loan has significantly boosted our purchasing power through access to both debt and equity, helping our business grow tremendously.”
“They were very willing to understand our business, drive efficiencies in the process, make the ease of doing business, and take out all the frictional costs. You can get a cheaper interest rate somewhere out there, but there’s always a cost to a business relationship.”
“CoreVest has helped our business grow tremendously because of the terms that they offer. It allows us to buy more houses using the same amount of capital. We can also execute quickly because they underwrite quickly, closing usually in a few weeks.”
“We had very limiting traditional bank financing, 5-year maturity on a 15-year amortization. With CoreVest, we could amortize a lot further which has really changed our business. It’s improved our cash flow, increased our borrowing capacity, and freed up our equity.”
“CoreVest helps us not worry about the financing piece and really just grow the business. Also, we’ve been able to go past our normal capacity thanks to the non-recourse product. We’re consistently able to close our loan within just a few weeks and there’s always the same very personal service.”
“CoreVest has helped us grow, in short, dramatically. Funding has been very tough to secure with the local banks, especially for larger portfolios. CoreVest has been a godsend in that regards, allowing us to capitalize on equity that has built up in inventory and reinvest that money into additional properties.”
Questions at a Glance
What property types does CoreVest Finance lend on for DSCR?
We lend on Single-family, 1-4 units, condos and townhomes.
What is your cancellation policy?
CoreVest Finance offers competitive rates for DSCR loans. Rates vary due to investor’s past history and experience. For current rates, give us a call.
Can other info be added to an invoice?
Our DSCR loans typically close within 20 days. Most of our DSCR Loans close within 4-6 weeks.
How does billing work?
We usually respond back to potential borrowers with a term sheet between 2-7 days.
Get in Touch
Ready to take the next step towards securing the funding your business needs? Fill out our contact form today to connect with our experienced DSCR loan experts and discover how we can help you achieve your goals.