One of the main benefits of a DSCR loan is that a personal income calculation is not required. The lender is instead focused on the cash flow that the real estate investment at hand is predicted to generate.
A DSCR, or debt service coverage ratio, is calculated by lenders when qualifying a borrower. When calculated, it is a measurement tool that lets the lender know if the investment at hand will generate enough cash flow to, at minimum, cover the proposed debt amount. A DSCR ratio above 1.0 indicates that the investment generates enough cash flow to cover the proposed debt obligation.
Brian Quigley has been in the Denver mortgage industry since 2003 and founded Beacon Lending in 2021. Customer satisfaction has been his top priority while guiding clients through the home loan qualification process. Brian and his team have the experience with No Doc / Asset Utilization Loans to help you take advantage of your assets and get you qualified for a home loan.
Our office is located in the northwest area of downtown Denver just 1 block North East of Coors Field on Blake Street. Our building sits on the Northwest Corner of Blake Street and Park Avenue West.