Chad D Caplinger

Here's how we work out the numbers for a DSCR home loan.

If a property generates $2000 a month in rent, and the mortgage payment is $1600, then the Debt Service Coverage Ratio (DSCR) is 1.25, meaning the investment property brings in 25% more, making it a qualifying loan.

Many DSCR programs look for a ratio of 1 or above, which the rent at minimum at least covers the payment.

The whole point of this loan program is your personal income isn't all of the equation, with the property doing the heavy lifting.

Learn more at

https://www.castlecookemortgage.com/investor-loans D._Caplinger

If you currently serve in the military, are a veteran, or a surviving spouse, you are potentially eligible for a VA loan. Reach out to learn more about VA loan eligibility requirements.
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Life happens.

Financial setbacks. Divorce. Medical emergencies. A business that didn't make it.

The traditional mortgage machine has long memories and a short patience for anything looking like trouble in your past.

For those who have experienced setbacks like these, but have bounced back and spent the last few years rebuilding, there may just be a path toward homeownership sooner than you think.

Reach out today and fill me in - we can review all your options.

https://castlecookemortgage.com/chad-caplinger