Category: Tips For Investors
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DSCR Mortgage Appraisals Made Simple: What You Need to Know
DSCR Appraisal Costs An appraisal for a DSCR loan is going to be slightly higher than an appraisal for a conventional loan, or an FHA or VA loan. The main reason is the appraisal will have to measure the fair market rents, that is an additional appraisal that usually costs around $150. It is included…
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Common DSCR Property Issues With The Appraisal
If you are looking to purchase your first rental property with a DSCR investment loan, you may see some unexpected surprises. The most important thing with this type of loan is the appraisal. It will tell you crucial details that can make or break a deal. Besides the rental income and value there are issues…