DIRECT LENDER

DSCR
INVESTOR LOANS

Loans from $150k to $3.5 million
3.99% - 7% Fixed Rates

Qualify for a 15, 30, or 40 year mortgage on a 1 to 4 unit investment property based upon current or anticipated rental income. Purchase, refinance and cash-out up to $1 million. We look at your credit and require a down payment. No tax returns, No DTI, No financials needed.

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(833) 228-2141 APPLY NOW
No appointments necessary
Mortgage Banker hours 9am-6pm PST

 

DSCR INVESTOR LOANS

As a direct lender financial institution we make all credit decisions and exceptions in house, providing flexible qualification and faster approvals:

    DSCR LOAN FEATURES:

  • Borrow from $150,000 to $3,500,000
  • Purchase, Refinance / Cash-out loans
  • Fixed interest rates from 4% to 7%
    Interest rate buy-down option available
  • 15, 30, or 40 (10yr IO + 30yr P&I) Fixed Rate, or
    5/6, 7/6 and 10/6 ARM Mortgage
  • Cash-out up to $1,000,000
  • DSCR* as low as .75
    Negative cash flow - allowed
  • Refinance up to 75% LTV (for SFR)
  • Purchase up to 80% LTV (for SFR)
    Get a lower rate with larger down payment
  • No Prepayment Penalty after 36 months
    Ask about shorter Prepayment period

    BEYOND THE NUMBERS:

  • Direct to investor lending:
    - Flexibility with in-house underwriting
    - Better deals without intermediaries
    - Faster processing and timeley funding
  • Self-employed investors welcome
  • Keep property under LLC - allowed
  • Non-occupant co-borrower - allowed
  • Foreign national borrower - allowed
  • Interest Only (IO) option - available
  • Low reserve requirement
  • No balloon payments
  • Not a HARD MONEY Loan!

    NO-DOCS LOAN QUALIFICATION:

  • Qualify on property's rental income
  • No personal income verification
  • No tax returns or financials needed
  • No Dept-to-Income (DTI) Ratio
  • No Limit on financed properties
  • Minimum credit score of 600
    Get better rate with higher FICO
  • Low reserve requirement
  • No recent foreclosure or bankruptcy
  • Close mortgage in 7 days (after appraisal)

    ELIGIBLE RENTAL PROPERTY TYPES:

  • Single family rental houses (SFRs)
  • Planned Unit Development (PUD)
  • 2-4 units multi-family properties
    Residential duplex, triplex, 4-plex
  • Warrantable Condo
  • Non Warrantable Condo
  • Townhome
  • Airbnb or VRBO properties
    Get a formal mortgage pre-approval letter
    and shop with confidence!

Get a Quote

Refi.
Buy.
Hold.

Single Family, 2-4 Multifamily
Rental Property Financing
Single Family Rental - Investment Property
Mulit-Family Rental Duplex
Multi-Family Rental Triplex
Northern California Investor Townhomes

 

 

Ready for a
Better Refinancing
Experience?

It only takes a few minutes
to pre-qualify

 

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Quick Response Form

Contact DSCR Lender

 

 

 

 

Cutting Edge Investor Loans

Cash Flow Loans to Build Real Estate Portfolios

Increase your buying power and get quick access to capital. Take advantage of passive income as well as existing equity in a property to create the potential for large long-term payout.

Utilize our investor DSCR Cash Flow Loans fast funding services for mortgage cash-out refinance, the hybrid of low rates and flexible terms, to seize new investment opportunities.

CALL: (833) 228-2141
 
No appointments necessary
Mortgage Banker hours 9am-6pm PST

DSCR* Loan Benefits

Choosing our real estate Investor DSCR* Cash Flow Loan to purchase investment properties will help you build out a portfolio without having to provide detailed income or employment documentation. In addition, the OptionWide Direct Lender program is pretty lenient when it comes to credit scores. The FICO minimum is 600.

Another benefit to this program is no-limits on the number of financed properties the borrower has. If you already have mortgages on three, four, or 20 other properties, or you are trying to refinace a property with negative cash flow, you may still qualify for our DSCR Cash Flow Loan.

 * Debt Service Coverage Ratio:
    DSCR = (Net Operatiing Income) / (Debt Service)

Pre-Qualify Now

 

 

 

 

Loans That Empower Over 115,000 Real Estate Investors

The OptionWide Advantage

 

Use DSCR* Rental Income to Qualify for a
Long-Term Mortgage

* Debt Service Coverage Ratio

The Best Residential Property Investment Loan Program with Fast Approval Process, Low‑Rates and Flexible Terms ‑ Guaranteed!

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Hard Money? No!

$150,000 - $3,500,000
Long-Term Fixed Rate Loans

Superior Alternative to Hard Money Loans!

Our DSCR Loan is a superior alternative to Hard Money Loan where for approval lenders use a painful slow process. Among other measures lenders are also interested in your personal debt-to-income ratio. In addition, Hard Money loans are more expensive and you can expect to pay double-digit interest rates and origination fees of several points to get funded.

You should choose our quick funding DSCR Loan over a Jumbo Loan financing that often has higher credit score and added personal income and/or employment documentation requirements.

 

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DSCR
Direct Lender Advantage

Direct Lending - No Intermediaries

OptionWide Financial is a dependable source implementing all required steps for providing 1-4 unit investor mortgages. As a Direct Lender we do everything in-house, from examining your credit to handing over the final check.

OptionWide Financial Corporation offers investment property DSCR mortgages in 28 states*. Working with us you'll be able to get bigger loan amount, best available rates and terms. Utilizing fully automated systems and having easily reachable (phone, SMS, or email) Expert Mortgage Bankers who are ready to help with the application process -- you will be delighted with the lower costs, less frustration, and faster funding. Ask for a formal pre-approval letter to empower your bidding on properties with confidence!

Start now to get pre-approved in less than 10 minutes and receive funds in as little as 7 business days.

* List of States: AZ, CA, CO, CT, DC, DE, FL, GA, HI, IN, KY, LA, MA, MD, ME, MO, NE, NH, OK, OR, PA, SC, TN, TX, VA, WA, WI, WV, WY.

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CASH-OUT REFINANCE

Refi. Invest. Grow.

Multiply Your Assets with DSCR Loans

Turn Rental Property Equity Into Cash

You can pull equity out of a rental property using a cash-out refinance.

Taking a cash-out refinance to buy an investment property or to make improvements is one of the best ways to put your equity to use.

Find out whether you’re eligible for a cash-out refinance and how much money you could pull out. Use our simple loan application process to accelerate your investment real estate portfolio growth.

Key Loan Features
 

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