DSCR LOAN
GEORGIA

GEORGIA DSCR LOAN BENEFITS:

* Purchase & Refinance Loans Up To 85% LTV
* Cash Out Up To 80% LTV
* Foreign Nationals Eligible
* No Income or Employment
* Limited Documentation Required
* No Seasoning Required (BRRRR Friendly!)

DSCR LOAN APPLICATION  QUICK APPLY 

DSCR Loan Georgia: Your Gateway to Real Estate Success! CambridgeHomeLoan.com is your trusted partner for navigating the landscape of Debt Service Coverage Ratio (DSCR) loans in the vibrant state of Georgia. If you’re a business owner or real estate investor seeking financial solutions that align with the unique opportunities and challenges of the Georgia market, you’ve come to the right place. Our expert team is dedicated to demystifying DSCR loans, offering tailored insights, and providing comprehensive support throughout the lending process. Explore how our services can empower your financial journey in Georgia’s dynamic economic environment.

Georgia DSCR Loan For Purchase – Refinance – Cash Out Refinance

brrrr method

INVESTMENT RENTAL LOAN GEORGIA
PURCHASE TERMS

UP to 85% Loan To Value (LTV)
No Income Investment Loan
Just use rental income to qualify!
No DTI Programs available
Interest Only terms available
Foreign Nationals & First time investors welcome
30 and 40 year amortization options

Refinaance your home

DSCR LOAN GEORGIA
CASH OUT REFINANCE

Cash out re-finance your investment
property to build you portfolio today!
Up To 80% Cash Out
Low Rates, High Leverage!
Minimal Documentation
No Seasoning Required
Foreign Nationals Welcome
Fast Close

cash out refinance

DSCR LENDER GEORGIA
REFINANCE {RATE AND TERM)

Reap the benefits of passive income
from your investment property.
Up To 85% Refinance to a better rate!
No income or employment required!
Up to 40 year amortization
Foreign Nationals Welcome
DSCR Loan Beorgia Best Rates
Interest Only Options!

The premier DSCR Loan Georgia rental property investment loan option.
Best for long term cash flowing properties, up to 85% LTV

For investors who have an existing short-term loan looking for an opportunity to streamline a 30-year term Debt Service Coverage Ratio (DSCR) loan for non-owner-occupied rental investment properties.

Benefits of DSCR Loan Georgia

  • No evidence of personal income required
  • Maximize cash flow with 30 and 40 year interest only programs
  • Cash out to continue buying more properties
  • Fast Close! As fast as 14 Days
  • No verification of employment
  • Foreign Nationals Eligible 
  • No Seasoning (BRRRR Friendly!)

What is Debt Service Coverage Ratio (DSCR Loan Georgia)?

A measure of an entity’s or in this case an investment properties cash flow about its debt obligations is called the Debt Service Coverage Ratio, or DSCR. In corporate finance, the entity is frequently a company or corporation, whereas, in multifamily and commercial real estate, it is typically an income-producing property.

The Debt Service Coverage Ratio (DSCR) is the borrower’s capacity to service or repay the annual debt payment about the amount of Net Operating Income (NOI) generated by the asset. The higher the DSCR ratio, the more net operating income is available to repay the debt.

DSCR reveals if a real estate property is making enough money to cover the mortgage or not. When a real estate investor applies for a new loan or refinances an existing mortgage, lenders evaluate the debt service coverage ratio as one indicator to calculate the maximum loan amount.

DSCR Loan Georgia:

Debt Service Coverage Ratio Loan:

The DSCR loan in Georgia is designed for Real Estate Investors in Georgia who are looking to qualify for a mortgage loan based on the cash flow generated by an investment property in Nevada.

A DSCR loan in Georgia does not require tax returns, proof of income or employment information to qualify

LOAN TYPES GEORGIA INVESTMENT LOANS

fix and flip loan programs

GEORGIA
FIX AND FLIP LOAN

*Up to 90% of the Purchase
*100% of the Rehab.
* Closing as fast as 5 days!
* Fix to Flip or Fix to Refi .
* 30 or 40year DSCR loan

dscr loan program

GEORGIA
DSCR LOANS

*Up To 80% LTV
* Cash Out Refinance
* 15-30 Day Close!
* No Income Required
* No Employment Required

construction loan

GEORGIA
CONSTRUCTION LOANS

*Ground Up Construction
Up To 80% Of Land
* 100% of Construction
* Builders and Developers!

How to calculate your property’s DSCR Loan in Georgia:

DSCR= NOI (Net operating income) -Expense
 ___________________________
 Mortgage Payment 

Example: Income of $4000.00  Expenses $1,000.00, Mortgage Payment $2,000.00
Income – Expenses = $3,000.00 divided by $2,000 = $1.5%  DSCR ratio =1.5%
Anything over 1 means you are profitable. Under 1 means that there is not enough cash to cover your expenses.

Get pre-qualified for Investor Cash Flow Mortgage based on potential rental income. DSCR Rental Loan

Get Started

No charge and no obligation to apply.

No income or tax returns required
Up to 80% Cash Out Refinance!

GEORGIA DSCR LOANS  (DEBT SERVICE COVERAGE RATIO) FREQUENTLY ASKED QUESTIONS!

Are DSCR Loans Expensive?

DSCR loans typically require a down payment of 15-25%.

 
Is it hard to get a DSCR Loan?

Not at all! Approval for DSCR loans is easier because it depends on your property’s income rather than your financial situation.
DSCR loans are simpler to obtain, and the application procedure is more efficient and simplified. 

What type of property can I buy with a DSCR Loan?

The DSCR loan allows you to acquire a wide range of properties for various purposes, including short-term and long-term rental. You can buy a single family investment property, 1-4 Family or 5+ Multifamily.

How long is a DSCR loan?

DSCR loans are typically given for terms of 30 years with options for as high as 40 years (including interest-only options) or as low as 20.  The length of the loan will generally be determined by the lender based on factors such as the type of property being purchased and the projected cash flow of the business.

How can I improve my DSCR?

In order to improve your DSCR, you need to increase your net operating income or reduce your debt service payments. The easiest way to improve your DSCR is to invest more money, but you can also buy insurance, find ways to reduce annual property taxes, and charge more rent. Allowing pets or including extra amenities like a washer and dryer are easy ways to increase your rent. 

 
 
 
How do I know if I’m eligible for a DSCR Loan?

If you’re not sure if you’re eligible, submit an application or call to speak to an expert loan officer about your scenario!

 
 
What is a no DSCR loan?

A No DSCR loan is a type of commercial loan that does not require the borrower to have a  DSCR of 1.0 or higher. This indicates that the borrower does not need to earn enough income to cover their monthly debt payments. No DSCR loans are typically used by businesses that are expanding or taking on new projects, as they may not have the income necessary to meet all their debt obligations.

What are the pros and cons of a DSCR loan?

Pros:
• Easier to qualify than other investment property loans
• No personal income verification is required
• Flexible underwriting guidelines
• It can be used to finance properties with little or no rental history
Cons:
• Higher interest rates and fees than conventional mortgages
• Higher down payment from primary home loans
• Must provide proof of income from rental property to qualify

Overall, DSCR loans can make it easier to purchase investment properties and provide flexible financing options. 

What does a DSCR ratio of 1.25% mean?

A DSCR of 1.25 means that there is sufficient cash flow to cover the loan payments and other debt obligations. Specifically, a DSCR of 1.25 indicates that for every $1.25 in annual loan payments, there is $1.00 of net income available to pay those debts after accounting for all operating expenses (including taxes and depreciation).

A DSCR of 1.25 is considered a good ratio by lenders, as it shows that the borrower has sufficient income to cover their loan payments. It also indicates that the borrower’s debt obligations are manageable. In general, lenders prefer to see a DSCR of at least 1.15 for conventional loans and 1.25 for investment properties.

Example:
Rental income: $150000, Expenses: $25000, Mortgage Payment: $100000
DSCR= $150K – $25K/ $100K
= $125K/$100K = 1.25

A higher DSCR is even better, as it shows the lender that the borrower has more than enough income to cover their loan payments.

 
Do you need good credit for a DSCR loan?

Although you do not need higher-than-average credit,  your credit score is still important, it carries less weight when it comes to qualifying for a DSCR loan. This is because lenders will focus more on the rental income and expenses associated with the property in order to determine if the borrower can make their loan payments.

 
How many DSCR loans can you have?

Generally, there is no limit on how many DSCR loans you can have. However, lenders will usually impose a maximum loan-to-value (LTV) ratio and/or total debt service coverage ratio (TDSCR) when determining the amount of money they are willing to lend out. It’s important for borrowers to work with lenders to ensure that their rental income and expenses align so that they can meet the loan terms.

 
 
Are Foreign Nationals Eligible for a DSCR Loan Georgia?

Absolutely!

CambridgeHomeLoan.com has many programs for foreign national real estate investors. 

FIX AND FLIP LOAN GEORGIA – REFI WITH DSCR LOAN

LOANS CUSTOM BUILT FOR REAL ESTATE INVESTORS.

Georgia
Fix To Rent Loan

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 5yr, 7, 10 and 30 year terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $70,000 – $250 million

Georgia
Fix and Flip Loan

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 12 To 24 month terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $100,000 – $250 million

Georgian
MultiFamily/Commercial Loan

        • 1-50+ properties

        • Multifamily, Ground Up.,
        • Mixed use w/ majority residential

        • 12, 24 mo..for bridge loans, 5,10,30,40 yr for commercial

        • Up to 100% of cost

      • $1M – $250M

      • Purchase, Refinance, Cash Out 

EXPERT REAL ESTATE INFORMATION BLOG

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