Loan rates, also known as interest rates, are the cost of borrowing money expressed as a percentage of the loan amount. They represent the fee charged by lenders for providing access to funds. Loan rates are a crucial factor in determining the overall cost of a loan, as they directly impact the total amount a … Read more
A debt service coverage ratio (DSCR) loan, also known as a “no doc” loan, is a type of commercial real estate loan that does not require personal income or tax return documentation from the borrower. Instead, eligibility for a DSCR loan is based solely on the projected net operating income (NOI) of the property. DSCR … Read more
A DSCR (debt service coverage ratio) loan is a type of commercial real estate loan that looks at the property’s net operating income to determine eligibility rather than the borrower’s income or credit score. DSCR loan requirements are offered by banks, credit unions, mortgage lenders and private lenders to real estate investors and commercial property … Read more
