Investor DSCR Mortgages:
Financing for Real Estate Investors
Welcome to Fort Funding Corp! Our Investor DSCR (Debt Service Coverage Ratio) Mortgages are designed for real estate investors seeking to grow their portfolios. These specialized loans allow you to leverage your investment properties effectively, making it easier to acquire new assets while managing your debt service.
What is a DSCR Mortgage?
A DSCR mortgage is a financing option that focuses on a property's cash flow rather than the borrower's personal income. The Debt Service Coverage Ratio is calculated by dividing the net operating income (NOI) of the property by the total debt service. This metric helps lenders assess whether the property generates enough income to cover the mortgage payments.
Who Should Consider DSCR Mortgages?
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Real Estate Investors:
Those looking to buy rental properties, multi-family units, or commercial real estate.
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House Flippers:
Investors who buy properties to renovate and resell for profit.
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Property Managers:
Individuals managing multiple rental properties who want to expand their portfolios.
How DSCR Mortgages Work
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Income Assessment:
The lender evaluates the projected income of the investment property rather than the borrower’s personal income.
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DSCR Calculation:
A DSCR of 1.0 means that the property earns enough income to cover the mortgage payment. Most lenders prefer a DSCR of 1.25 or higher to provide additional assurance.
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Loan Amount:
Based on the estimated cash flow and property value, lenders determine the maximum loan amount.
Benefits of DSCR Mortgages
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Simplified Qualification:
Investors can qualify based on the property's performance rather than their personal financial situation.
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Investment Growth
Enables investors to acquire more properties, leveraging existing assets for further investment.
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Flexibility
Available for various property types, including residential, multi-family, commercial, and mixed-use properties.
The Application Process
Applying for an Investor DSCR mortgage at Fort Funding Corp is seamless:
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Initial Consultation
Meet with our experts to discuss your investment strategy and financing needs.
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Property Evaluation
Provide details about the investment property, including expected rental income.
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DSCR Calculation
We will perform an analysis to determine the potential DSCR for the property.
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Loan Options
Based on your property's analysis, we'll present suitable financing options.
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Closing
Our team will guide you through the approval and closing process.
Why Choose Fort Funding Corp?
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Expert Knowledge:
Our experienced team understands the investor landscape and can provide tailored solutions.
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Local Insights:
We have deep knowledge of the real estate market, helping you make informed investment decisions.
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Personalized Service:
We partner with you to understand your goals and find the financing that fits your needs.
Get Started with Your Investor DSCR Mortgage Today!
Are you ready to expand your real estate portfolio? Contact us at (844) 255-5400 or fill out our online form to get started. Let Fort Funding Corp help you secure the financing needed to grow your investments!
Want to learn more?
What Others are Saying
About Fort Funding?
Don’t just take our word for it– here are some actual, word-for-word reviews from real customers just like you.
Why Choose Us?
(It Might Surprise You.)
You have a lot of options when it comes to choosing your mortgage lender. That’s why here at Fort Funding, work hard to give every single customer the most incredible lending experience possible.
This might surprise you, but, we go against the grain of the mortgage industry. Why? Because nowadays, so many lenders have given up quality for quantity– and it’s customers like you who suffer. That’s not us, and it never will be.
Since we began in our small office in Brooklyn in 1993, we’ve treated every client like family, and reimagined what a first-class, personal mortgage experience can look like.
If you’re looking for a personalized experience we’re excited to show you the hundreds of loan options available at incredible rates.
Start Your Mortgage Approval Process Now
Have Questions? Give us a call.
We love helping people find the answers they need.
718-921-0200
NEW YORK
NMLS #39463.
License #RMB 209074
Registered Mortgage Broker - New York State Department of Financial Services. All loans arranged through third party providers.
NEW JERSEY
NMLS #39463
New Jersey Residential Mortgage Broker. Licensed by the NJ Department of Banking and Insurance. We do not make any mortgage commitments or fund any loans. All loans arranged through third party providers.
CONNECTICUT
NMLS#39463.
License #20264
Connecticut Mortgage Broker - Connecticut Department of Banking. Mortgage Broker only, not a Mortgage Lender or Mortgage Correspondent Lender.
PENNSYLVANIA
NMLS #39463.
License #59975
Licensed by the Pennsylvania Department of Banking and Securities.
FLORIDA
NMLS#39463.
Lender License #MBR2367
Licensed by the Florida Office of Financial Regulation.
CALIFORNIA
NMLS#39463.
License/Registration # 60DB0-148018
Licensed Under the California Department of Financial Protection and Innovation.
California-DFPI Financing Law License
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