What to prepare for a purchase
Prepare purchase price, target loan amount, rent support, taxes, insurance, HOA dues, property type, occupancy, reserves, and entity/title plans.
Run conservative DSCR assumptions before sending the scenario to a broker so the conversation starts with realistic cash flow.
- Purchase contract or target price
- Market rent or lease support
- Down payment and reserve plan
- Expected monthly debt service
How to compare purchase structures
Compare more than one loan amount and payment assumption. A lower purchase leverage may improve DSCR and available options, but it also changes cash-to-close.
Frequently asked questions
Can I use a DSCR loan for rental acquisition?
Some business-purpose DSCR programs may consider rental acquisition scenarios, subject to lender guidelines, property cash flow, collateral, credit profile, reserves, and full review.
What should I prepare before broker review?
Prepare the property address, rent support, operating expenses, requested loan amount, payment assumptions, reserves, loan purpose, entity/title plans, and timing.
Does this page provide a loan approval or quote?
No. Loan Daddy LLC is a mortgage broker, not a lender. This page is educational only and does not provide a loan approval, rate quote, rate lock, or commitment to lend.