Debt Service Coverage Ratio (DSCR) Loan:
No-Income Mortgage Loans for Investors
Qualify Today for your DSCR Investment Loan
Just Use Rental Income to Qualify
We Will Not Ask For Tax Returns
Purchase or Cash-Out
"No Ratio" Option w/ 25%+ in Equity
No Personal Income Needed
Unlimited Properties, OK
Cash Out Up to 75% LTV, OK
Fund Into Corporation or LLC, OK
No Pre-Pay Penalty Options Available
1-24 Units, OK
Purchase Up to 85% Loan to Value
Airbnb's and VRBO's, OK
575+ Credit Score
$150K - $30M loan amounts
Today's Starting Rate:
6.750%/7.029% APR*
APPLY with NonQM123 Today!
Enter Your Information & A DSCR Specialist Will Call You
Unlimited Financed Properties
Real estate investors find it so simple to Buy or Refinance with NonQM123.
We make it Simple. We do the Loans Banks Don't.
Fast Closings
Yes, we close fast!
No Reserves Required for Purchase Loans
< $1,500,000 Loan amounts with < 70% LTV.
We like to Say,
"We Make it Simple!"
Never Show Your Tax Return
NonQM123 can careless about your tax returns. All we care about is the rental income covering the debt service. If you have more than 25% equity in the home, then we don't care about rental income covering the debt.
The loan(s) discussed on this webpage are for Debt Service Coverage Ratio (aka DSCR) loans only. DSCR loans are only for non-owner-occupied properties, that generate income, also considered as a Business Purpose loan. Therefore, this is not a consumer direct home loan. FFC Mortgage Corp dba NonQM123, can offer DSCR loans in the following States: CA, CO, CT, DE, FL, GA, IA, ID, IN, KY, LA, MA, MO, MS, NC, NJ, OK, SC, TN, TX, WA, WV, WI, WY, and is subject to change.
*Pricing Quote: 30 Year Fixed: $1,000,000 Purchase Price, 70% Loan To Value, Investment Property, Business
Purpose Only, FICO score of 720+, DSCR Ratio: 1.0 Minimum, 5 Year PPP* (Pre-payment penalty), NO RESERVES REQUIRED, Cost: Discount Cost for Rate – 1.125% of loan amount, Origination Fee: 1.00% of Loan amount, plus Title & Escrow. Rates are subject to Change without Notice. Pricing Quote of 3/18/2024 @ 12:36pm