Maverick Lending Solutions offers DSCR (Debt Service Coverage Ratio) Loans, specifically designed for real estate investors. These loans are based on the income-generating potential of the property, making them ideal for rental properties and investments where traditional income verification might not be necessary.
Key Features:
Loan Amounts: $75,000 to $3,000,000
Maximum Loan to Value (LTV): Up to 85% for DSCR >= 1.00, with variations based on loan amount and credit score
Minimum DSCR: 0.75, with special conditions for lower DSCRs
FICO Score: Minimum 640 required, with higher LTVs available for higher credit scores
Term Length: Options include 30-year fixed, 15-year fixed, and interest-only terms
Income-Based Qualification: Approval is based on the property's income rather than the borrower's personal income, making it easier for investors to qualify.
Flexible Terms: Choose from a variety of loan terms and interest-only options to suit your investment strategy.
High Loan Amounts: Borrow up to $3,000,000 with competitive LTVs based on your DSCR and credit profile.
Real Estate Investors: Seeking to finance or refinance income-generating rental properties.
Portfolio Managers: Managing multiple rental properties who need scalable financing options.
Investors with Complex Financials: Benefit from a qualification process that focuses on property income rather than personal income documentation.
Property Types: Single-family homes, 2-4 unit properties, condos (both warrantable and non-warrantable), and mixed-use properties.
Minimum DSCR: 0.75, with different LTV limits based on DSCR levels and property types.
Credit Requirements: Higher LTVs available for borrowers with stronger credit profiles (e.g., 740+ FICO).
Apply Online: Start with a quick and easy online application.
Get Approved: Approval is based on the property’s income and DSCR.
Receive Funds: Use the funds for purchase, refinance, or expanding your real estate portfolio.
Grow Your Investment: Leverage the property's income potential to secure favorable financing terms.
90 East Halsey Rd, Ste 100A
Parsippany, NJ, 07054
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