DSCR Refinance Frequently Asked Questions

A DSCR refinance is a business-purpose review for an eligible non-owner-occupied rental or investment property. The property rent, proposed debt, value, payoff, borrower, ownership, state, credit profile, and current program requirements are reviewed together.

No. DSCRLoanRefinance.com focuses on refinancing an existing investment property, including a free-and-clear property.

No. This review is for non-owner-occupied investment property used primarily for business purposes.

No hard credit pull is required merely to begin the initial review. Credit authorization and documentation may be required later if the file moves forward.

Eligible rental-property scenarios may be reviewed for a DSCR exit from hard money, subject to property, payoff, rent, value, completion, ownership, seasoning, credit, state, program, and underwriting requirements.

A completed or qualifying stabilizing investment-property scenario may be reviewed. The file must accurately describe completion, legal use, rent support, value, payoff, title, ownership, and remaining work.

It is a potential transition from short-term bridge debt to a longer-term rental-property loan after the property and file support the permanent structure.

An eligible file may be reviewed, but the creditor payoff, recorded lien, title position, property, rent, value, borrower, and current program requirements must be verified.

Rate-term primarily replaces existing debt and establishes the proposed new structure. Cash-out also requests business-purpose proceeds beyond the entered first payoff.

The website subtracts the entered first payoff from the requested new first mortgage. It does not account for all final closing deductions or payoff changes.

When the property has no first mortgage, the form records the first payoff as zero and reviews the requested new loan as a business-purpose cash-out structure, subject to title verification and current guidelines.

First-lien LTV compares the requested new first mortgage with property value. CLTV also includes subordinate debt that will remain after closing.

A retained lien can be entered for review. It affects CLTV, title, lien position, and program eligibility.

Enter a reasonable current estimate. The final file uses the valuation accepted under the selected program; the website estimate is not the final underwriting value.

A valuation or appraisal may be required. The type and timing depend on the property, program, and underwriting process.

Enter current monthly rent or a supportable expected rent when the property is vacant or stabilizing. Final treatment depends on accepted documentation and current guidelines.

Yes, the form records current or planned short-term-rental use. Eligibility and income treatment are file- and program-specific.

Not necessarily for an initial review. Vacant and lease-up scenarios can be submitted, but rent support, condition, valuation, liquidity, and program treatment may differ.

Credit requirements vary by program. Credit range and mortgage history are reviewed with the full file.

They may. Requirements vary by borrower, property, program, transaction, and current guidelines. The site does not publish a one-size-fits-all amount.

Eligible LLC vesting can be reviewed. Entity documents, members, managers, guarantors, state, and program requirements may apply.

It may. Acquisition, transfer, entity, improvement, and prior-financing history should be disclosed accurately for the current program review.

It is a contractual term that may affect payoff or early repayment. Enter or disclose known provisions; the final documents control.

Use the state-availability page and ask the refinance team to confirm the current path for your property state, ownership structure, and loan purpose.

No. Business-purpose eligibility and mortgage licensing are separate concepts. Availability depends on the property, borrower, vesting, lender channel, program, investor, and applicable requirements.

The initial review starts with accurate property, rent, debt, value, ownership, state, credit-range, and requested-loan facts. The complete file may require application, credit, entity, title, insurance, payoff, valuation, liquidity, and other documents.

After a real local or form success, the file enters the refinance review queue. A specialist reviews the preliminary facts and explains the next appropriate step. Submission is not an approval or rate lock.

A refinance specialist reviews your inquiry and follows up about the information needed to continue. Read the Privacy Policy for how inquiry information is used and shared.