Purchase pathway
Real Estate Investors
Investor financing comes down to how you want to qualify. Agency loans use your personal income and count against your debt ratios. DSCR loans use the property's rent. Short term loans fund the repositioning of a property that is not ready for either.
Who this is for
- First time investors buying a single family rental
- Investors expanding beyond the agency financed property limit
- BRRRR investors buying, renovating, renting and refinancing
- Investors closing in an LLC
How the process works
Underwrite the property, not just the price
Rent, taxes, insurance, vacancy, maintenance and management determine whether the deal works. The loan payment is one input.
Pick the qualification method
If your debt ratios still have room, agency financing is usually less expensive. If not, DSCR qualifies on rent instead.
Plan the exit before the entry
If you use short term financing, the refinance terms and seasoning requirements should be known before you buy.
Common mistakes
- Budgeting rent against principal and interest only, ignoring taxes, insurance and vacancy
- Ignoring prepayment penalties on DSCR loans when a sale is likely
- Starting a renovation without confirming refinance seasoning requirements
Loan programs that apply
DSCR Loans
Investment property financing qualified on rent, not personal income.
Learn more InvestmentConventional Investment Property Loans
Agency financing for rentals, qualified on your personal income.
Learn more InvestmentFix and Flip Loans
Short term financing for purchase plus renovation on a resale or refinance exit.
Learn more RefinanceInvestment Property Refinance
Restructure or pull equity from rental property you already own.
Learn more SpecialtyBank Statement Mortgages
Qualify with business or personal deposits instead of tax return net income.
Learn moreFrequently Asked Questions
Ready for the next step?
We will review your documents and give you a preapproval you can use with confidence. Not a commitment to lend.