
DSCR Business Purpose Loan | Close in an LLC
8 Video Views·Feb 17, 2025
Check out a unique type of DSCR for Business Purposes in this exclusive video that does not report to your credit!
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Chapters
Introduction 00:00
DSCR for Business Purpose 0:44
Guidelines 2:13
Benefits 4:31
Reserves Required 5:26
Prepayment Penalties 6:21
Invitation for further discussion 7:25
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If you close your DSCR transaction through an LLC, you won't need to have a double closing and lenders will not report anything to your personal credit. This way, your Debt-to-Income (DTI) ratios are not affected when you try to qualify for a mortgage. So, if you have investment properties that are strictly business ventures with good cash flow, then a DSCR Loan for Business Purposes is right for you.
