Dwight McCaulsky's Blog – February 2023 Archive (3)

Loan Help!

My client owns a duplex free and clear in Ohio that is currently worth about $75,000. He now gets $1,600/month in rent. He came to me looking for a DSCR loan where he would refinance, but the property value is too small.

Who has a product or strategy to allow my client to get about 40K using this property? He has a strong credit score (over 700), experience, and personal income.

Call me if you have a practical resolution.…

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Added by Dwight McCaulsky on February 20, 2023 at 8:48am — No Comments

Game Changer...Find Out How...

I will be leading a webinar about this incredible product- Real Estate Line of Credit and more. #realestate. Contact me to learn more...…

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Added by Dwight McCaulsky on February 15, 2023 at 6:10pm — No Comments

New DSCR Rental Program (No Tax Returns, No Problem)...

30-Year Rental Loan (DSCR) Parameters:
  • Lending Term: 30-Year Fixed
  • Loan to Value: Up to 70%
  • Purchase or Refinance
  • Interest Rates: Starting at 7.375%
  • Closing Time: 14 Days or Less
  • Amortization: Fully Amortized (PITIA)
  • Minimum Credit Score: 660 FICO…

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Added by Dwight McCaulsky on February 9, 2023 at 3:43pm — No Comments

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