DSCR
A debt service coverage ratio mortgage, known as "DSCR Mortgage", is the ratio of operating income available to debt servicing for interest, principal and lease payments. It is a popular benchmark used in the measurement of an individuals ability to produce enough cash to cover it's debt payments.
- Just Use Rental Income to Qualify
- Never show tax returns
- Purchase or Cash-Out
- Unlimited Properties
- Irrevocable Trust
- Fund Into Corporation or LLC
- No Pre-Pay Options
- Long Term Rental
- Short Term Rental
- 1-50 Units
IO Options
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What are DSCR Mortgages?
Because a DSCR mortgage quickly identifies a borrower’s ability to repay without requiring income verification, we use it to help real estate investors qualify to buy new properties. Some real estate investors might not be eligible for a standard loan because they deduct expenses from their properties. Or, derrive their income in unuiqe ways.
Real estate investors can qualify for our debt service coverage ratio loan more efficiently since they are not required to provide proof of income in the form of tax returns or pay stubs, which investors either don’t have or don’t accurately reflect their real income due to write-offs and business deduction.
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Why Should You Choose Us?
We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our simple Hard Money Rate Quote.
- Customer Focused
- Minimal Documentation
- In-Houses Control
- Best Loan Services
Our Core Investing Service
Whether you’re looking to purchase a new home or refinance your existing home, Groves Capital can provide all the help you need.