Rate-and-Term Refinance
DSCR Refinance Loans for Rental Properties
A DSCR rate-and-term refinance can replace an existing rental-property loan while keeping proceeds within the limits of the applicable program.
Submit online for specialist review and pricing follow-up.
Review the current property and loan
The lender may review current value, payoff, requested loan amount, property rent, qualifying payment, credit, seasoning, reserves, title, appraisal, and property eligibility.
Clarify the refinance goal
Provide the current mortgage balance, estimated value, current or market rent, taxes, insurance, association dues, existing loan structure, and the reason for refinancing.
- Estimated value and current mortgage payoff
- Requested new loan amount and refinance objective
- Current lease or supported market rent
- Taxes, insurance, HOA, credit, reserves, and seasoning
Frequently asked questions
Can a DSCR refinance change the loan structure?
An eligible refinance may change rate, term, amortization, or interest-only structure, subject to current pricing, property, credit, leverage, and underwriting.
What does a DSCR refinance review consider?
The review generally considers value, payoff, requested loan amount, supported rent, property payment, credit, reserves, seasoning, appraisal, title, and property eligibility.
Business-Purpose Financing for Real Estate Investors. QuickDSCRFunding.com provides financing options for non-owner-occupied investment properties. All loan requests are subject to program eligibility, underwriting, lender review, and final approval by FFC Mortgage Corp. dba NonQM123, NMLS #3252.