Ramsey Tells 65-Year-Old Investor With $2.2M Portfolio to Skip the DSCR Loan
Corroborated by 1 source from 1 publisher
globalbusiness1d ago
TL;DR
According to finance.yahoo.com, quick Read - - DSCR loans charge higher rates than conventional investment property mortgages because lenders qualify borrowers on rental income rather than personal income, making the 6.75% rate a subprime option for an investor with sufficient cash reserves and stable rental income.