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Trevor Gravink
Приєднався 1 бер 2024
How to get pre approved for a DSCR loan
Here is how to get pre approved for a DSCR loan
*Here is what you will learn*
00:00 Introduction to DSCR Loan Pre-Approval
00:11 Required Documentation and Assets
00:35 Credit Score and Fast Approval Process
00:48 Working with Real Estate Agents
01:35 Positioning Yourself as a Strong Buyer
01:47 Contact Us for More Information
1) Schedule a call with me here to discuss how much you can afford on your DSCR mortgage: rebrokerbuddy.com/book-a-call-mortgage-consultation
**Related DSCR Training**
- 5 DSCR Loan Surprises you want to Avoid: • 5 DSCR Loan Surprises you want to Avoid
- What is the DSCR Formula: • 5 DSCR Loan Surprises you want to Avoid
- DSCR Calculator: • DSCR Calculator
- How to Quickly Estimate Longterm Rental Income for DSCR: • How to Quickly Estimate Longterm Rent...
#propertyinvestment #mortgagerates #investmentproperty #dscrloans
*Here is what you will learn*
00:00 Introduction to DSCR Loan Pre-Approval
00:11 Required Documentation and Assets
00:35 Credit Score and Fast Approval Process
00:48 Working with Real Estate Agents
01:35 Positioning Yourself as a Strong Buyer
01:47 Contact Us for More Information
1) Schedule a call with me here to discuss how much you can afford on your DSCR mortgage: rebrokerbuddy.com/book-a-call-mortgage-consultation
**Related DSCR Training**
- 5 DSCR Loan Surprises you want to Avoid: • 5 DSCR Loan Surprises you want to Avoid
- What is the DSCR Formula: • 5 DSCR Loan Surprises you want to Avoid
- DSCR Calculator: • DSCR Calculator
- How to Quickly Estimate Longterm Rental Income for DSCR: • How to Quickly Estimate Longterm Rent...
#propertyinvestment #mortgagerates #investmentproperty #dscrloans
Переглядів: 51
Відео
Who is the Best DSCR Lender
Переглядів 2402 місяці тому
The best DSCR Lender depends on your individual investment scenario *Here is what you will learn* 00:00 00:15 What DSCR is the lender using 01:22 What credit score is the DSCR lender using 02:38 What is the prepayment penalty on the DSCR loan 04:16 What are the fees that DSCR lenders charge 05:06 Is the DSCR lender charging discount points 06:13 What are the origination fees being charged by th...
What are rates on DSCR loans
Переглядів 262 місяці тому
What are typical rates on DSCR loans? *Here is what you will learn* 00:00 Understanding DSCR Loan Rates 00:08 Risk Factors and Lender Considerations 00:30 Advantages of DSCR Loans for Investors 00:44 Choosing the Right Loan for Your Scenario 00:48 Get Personalized Loan Advice 1) Schedule a call with me here to discuss how much you can afford on your DSCR mortgage: rebrokerbuddy.com/book-a-call-...
7 factors lenders use to calculate your DSCR interest rate
Переглядів 132 місяці тому
If you shopping for a DSCR loan and want to know how they calculate your rate here are the 7 factors DSCR lenders use *Here is what you will learn* 00:00 Introduction to DSCR Loans 00:07 #1 Factor - Loan to Value (LTV) 00:38 #2 Factor - Credit Score 00:55 #3 Factor Loan Purpose 01:38 #4 Factor - Property Type 02:10 #5 Factor - Pre Payment Penalty Length 02:48 #6 Factor - Investor Experience 03:...
Should You Buydown my DSCR Mortgage Rate
Переглядів 266 місяців тому
When you get a mortgage you have the option to buydown the interest rate, which is called discount points. It will lower your rate and payment, but should you do it? It may or may not be worth it depending on the cost and your long term and short term goals. Here are the questions I answer: 00:00 00:10 What are discount points 00:32 Should you pay for discount points 01:39 Understanding how mor...
Rapid Rescore - Mortgage Rates
Переглядів 1256 місяців тому
Rapid rescores can help borrowers get a lower interest rate on their mortgage or save on lender fees. Some lenders and brokers do not tell clients about this option because it costs them money. Make sure you ask your lender is the offer them. 1) Schedule a call with me here to discuss how much you can afford on your DSCR mortgage: rebrokerbuddy.com/book-a-call-mortgage-consultation Heres what y...
5 DSCR Loan Surprises you want to Avoid
Переглядів 1127 місяців тому
Watch this video to make sure you do not make these 5 mistakes when getting a DSCR loan or it could cost you a lot of time money and energy! 00:00 00:10 DSCR loans require homeowners insurance with rent loss coverage 01:05 Don't miscalculate property taxes or your investment property may not ratio 02:21 Using the wrong rental comps can make a good DSCR deal turn ugly 04:02 What you need to know...
What are the DSCR Loan Requirements
Переглядів 4457 місяців тому
00:00 Introduction to DSCR Loan Requirements 00:14 Non-QM Loans Explained 00:38 Importance of Checking Individual Agreements 01:16 Working with a Broker for DSCR Loans 02:05 Lender-Specific Guidelines and Requirements 03:11 Credit Scores and Loan-to-Value Ratios 04:54 Minimum Ratios and Down Payments 07:19 Typical Requirements for Long-Term Rentals 08:11 Consultation and Contact Information 08:...
Pros and Cons of DSCR Loans
Переглядів 2,5 тис.7 місяців тому
DSCR loans are not always the best fit for the investor or the investment property. Learn the pros and cons of DSCR loans, so you can decide if its a good fit for your next real estate investment. Here is what you will learn 00:00 00:10 What are the pros of DSCR loans 02:36 4 benefits of closing your DSCR loan in an LLC 03:05 Interest Only DSCR loans 03:55 DSCR loans offer more flexible lending...
10 Must Ask Questions to Make Sure You Get a Good DSCR Mortgage Rate
Переглядів 1307 місяців тому
If you shopping for the best DSCR loan and lender then you want to make sure you ask these 10 questions. Here is what you will learn 00:00 00:15 What DSCR is the lender using 01:22 What credit score is the DSCR lender using 02:38 What is the prepayment penalty on the DSCR loan 04:16 What are the fees that DSCR lenders charge 05:06 Is the DSCR lender charging discount points 06:13 What are the o...
DSCR LOANS requirements for rental properties
Переглядів 1167 місяців тому
Learn what DSCR lenders require and how to make sure you get the lowest rate and what to avoid if you are new to DSCR Loans. Here are the questions I answer: 00:00 Learn what DSCR lenders require 01:39 What is a DSCR loan 02:29 What is a Non-QM loan 03:28 What is the formula to calculate DSCR 04:58 What is the minimum DSCR 05:55 What is a good DSCR Ratio 07:07 What is the minimum credit score f...
What is the DSCR Formula
Переглядів 717 місяців тому
When investing in real estate, understanding the Debt Service Coverage Ratio (DSCR) is crucial for assessing whether a property will qualify for a loan. Lenders use the DSCR formula to evaluate the cash flow available to cover property debt, making it a vital metric for potential investors. In this blog post, we will walk you through the DSCR formula, its components, and how to use it to assess...
How are rents calculated for DSCR Loans
Переглядів 257 місяців тому
In this video I will explain how DSCR lenders calculate investment properties that are currently rented with a lease or as a short term rental. If they are not currently rented how the lender will calculate the projected rents for the ratio of the DSCR 1) Schedule a call with me here to discuss how much you can afford on your DSCR mortgage: rebrokerbuddy.com/book-a-call-mortgage-consultation 2)...
What to look for in a DSCR lender
Переглядів 467 місяців тому
Making sure you are working with the right DSCR lender for your particular investment property is important, because they all have their own requirements and nuances. Here is what you will learn 00:00 00:47 Does the DSCR lender have a program that goes under 1:1 ratio 01:37 Why you want to work with someone who screens the numbers to estimate the ratio 02:10 Checklist of what you should look fo...
DSCR Calculator
Переглядів 737 місяців тому
In this video I will show you how to use my DSCR calculator to quicky analyze deals to make sure they will ratio and be eligible for a DSCR loan. Here is what you will learn 00:00 01:00 How to find comparable rental properties to calculate projected rents on a investment property 08:41 How to find out the property taxes on a property 11:13 How to estimate homeowners insurance for a property 12:...
How to Quickly Estimate Longterm Rental Income for DSCR
Переглядів 2057 місяців тому
How to Quickly Estimate Longterm Rental Income for DSCR
Shielding Your Clients: OptOutPrescreen.com - The Ultimate Defense Against Harassing Calls & Texts!
Переглядів 309 місяців тому
Shielding Your Clients: OptOutPrescreen.com - The Ultimate Defense Against Harassing Calls & Texts!
Great video.
Excelent video. How can I reach you?
GREAT video!
Good information .
Can a C corp get a DSCR loan for investmentproperty?
Do these loans very by state?
Hello. I don't know what happened, but we had a meeting scheduled for 2:30 p.m. today
Can you use this for a residential assisted living home
Can I rent to section 8 tenants with a DSCR loan? Also, can I use this type of loan for an out of state property? Also, are interest rates similar to conventional rates? Thanks in advance
as long as the property cash flows you can rent to section 8, but some lenders may not loan in certain declining markets, so you would want to verify the areas prior to making offers, so you know you are not wasting your time. Yes, you can buy properties that are in other states. I have many clients who do this. Rates on DSCR loans are higher, but it will depend on multiple factors. If you have a scenario lets connect and I can provide you some quotes.
I just watched this video a second time. Good stuff!
Another great video! Thank you for educating me on 1031
Thanks! If you have any questions please let me know!
Good information, thank you!
Very helpful! Good video!
Looks like a good idea to run FB ads.
I like your calculator
Great video!
Very informative! Thanks Trevor!!!
Thanks! If you have any questions please let me know!
Another great video!
Another great video. That was very interesting that you can raise peoples credit scores.
Great video, very informative.
Thanks! If you have any questions please let me know!
im on your leadhacker call. please send the info