DSCRHawaii.com
Buy Your Next Hawaii Investment Property Using DSCR Qualification!
Element Mortgage Kauai Works With 10 DSCR Lenders to help find you a better deal and get your deal done with confidence!
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DSCR Definition: Debt Service Coverage Ratio
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DSCR Calculation: Appraisal Rent Amount Divided by (Loan Payment + Property Tax + Insurance + HOA)
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Rent Type Allowed: Short Term (Air BNB/Rabbu/Air DNA) or Long Term
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Qualifying Ratios: Short 1.0 (rent is 100% of payment) / Long 0.75 (rent is 75% of payment)
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Great for Investors: Perfect for seasoned or first-time real estate investors
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Lender Qualification: Approval based on property income, not personal income
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No Income Documentation: No Tax returns, No w2’s, No Paystubs required
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No Employment Documentation: No Employment History Listed on application
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Down-Payment: 20% Minimum- Ratio will determine- 100% Gift funds allowed
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Competitive Rates: Most scenarios very close to conventional and jumbo market rates.
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Property Types: Single Family Home, Condo, Multi-Unit (up to 8)- Investment Only
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Non-Warrantable Condos: Many DSCR lenders allow up to 90% investor occupied
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Title: Option to Vest in LLC, Partnership, or S-Corp- Does not report to personal credit when closing in entity
Please Call or Text Matt @ 808-989-2540 For Additional Information & Specific Examples
Ready to take the next step with your DSCR investment?
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