Our loan program
Short Term Rental
Purchase or Refinance
If you’re an AirB&B or VRBO short term rental investor, you can qualify for an investor loan that does not require your personal income to be submitted and analyzed.
No Income Verification Loans
Avoid turning in tax returns and other proof of income that can be irritating and tiresome to handle. Instead, you can apply for a DSCR loan to finance the purchase of a single-family housing unit without having to submit an income statement or tax return.
DSCR stands for the debt service coverage ratio, which is simply the net operating income for a property compared to the annual debt obligation for the property. Lenders will follow this ratio when determining whether or not a borrower has the ability to repay a loan for a real estate investment. If many of the assets in your income portfolio come from the ownership of multiple real estate properties, the value of these properties can be used to finance an investor loan for the purchase of a new property.
Why Should You
Equity Direct Financial, LLC can help you apply for a DSCR loan if you’re a property investor. You’ll need to put at least 20% down for the purchase of your property and there are no limits on the number of properties that can be purchased. Most importantly, you don’t need to submit your personal income information in order to secure the loan. Equity Direct Financial will help you find a DSCR to buy a single-family home, including a townhouse or condominium.
Our Core Investing Service
Whether you’re looking to invest in a new home or refinance your existing home, Equity Direct Financial can provide all the help you need.