DSCR Loans, offered by ReRx Capital, are real estate financing solutions where loan eligibility is primarily determined by the property's Debt Service Coverage Ratio (DSCR). This ratio measures the property's ability to generate enough rental income to co
DSCR Loans from ReRx Capital are ideally suited for real estate investors who focus on income-generating properties. They serve as an excellent financial solution for those looking to acquire or refinance rental properties, where the rental income is the primary criterion for loan qualification. This includes single-family residences, multifamily units, and commercial properties with consistent rental earnings.
Investors who benefit from these loans typically have a strategic approach to property investment. This includes both seasoned investors with a portfolio of rental properties and newcomers entering the market with a strong investment property. ReRx Capital DSCR Loans are tailored to accommodate varying levels of experience and investment strategies, ensuring a broad spectrum of investors can leverage these financial tools.
Assess your qualification quickly with ReRx Capital transparent eligibility criteria:
What makes ReRx Capital stand out among DSCR Lenders?
The Net Operating Income (NOI) of the property is divided by the entire debt service (which includes mortgage payments and other loan-related expenses) to determine the Debt Service Coverage Ratio (DSCR).
Yes, DSCR Loans can be utilized for renovations or upgrades, especially if these improvements are expected to increase the property's rental income.
Most income-generating properties are eligible, but it's best to consult with ReRx Capital for specific exclusions or restrictions based on property type or location.
Yes, refinancing an existing mortgage into a DSCR Loan is possible, depending on the property’s income generation and other eligibility criteria.
The amount of rental income directly impacts the DSCR and, consequently, the loan amount you can qualify for, as it determines the property's ability to cover loan repayments.
Yes, first-time investors can apply for a DSCR Loan, though loan terms might vary based on experience and the property’s income potential.
