{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"DSCR Loans: The Investor Mortgage You\u2019ve Never Heard Of","description":" \ud83d\udcde Schedule a time to meet with Bill here: https:\/\/calendly.com\/blitton\/  \ud83d\udcf2 Text \u201cLEND\u201d to 21000 to schedule a free 15\u2013minute consultation Most investors assume they must qualify for a rental property the same way they qualify for a primary home, by proving income, debts, job history, and traditional underwriting metrics. But a DSCR loan flips that entire process on its head. This video will explain how Debt Service Coverage Ratio (DSCR) loans work, why they\u2019re becoming so popular among investors, and how they allow you to qualify based on the property\u2019s income, not your own. Bill Litton of Cross Country Mortgage walks through how lenders calculate DSCR, how rental income is verified, what kinds of properties qualify, and why underwriters are extra cautious about occupancy fraud. Here\u2019s what we discuss in this episode:  \ud83d\udcca Qualify by rent, not income - The property\u2019s cash flow determines approval.  \ud83e\uddfe Appraiser verifies rental value - Rent schedule + lease history drive the DSCR number.  \ud83c\udfd8\ufe0f Works for many property types - Beach condos, multi-units, single-family rentals, etc.  \ud83d\udeab Not for primary homes - Underwriters check closely to prevent occupancy fraud.  \ud83e\ude99 LLC ownership allowed - Unlike Fannie\/Freddie \u2014 big perk for investors. &amp;nbsp; CONTACT: Schedule a time to meet with Bill here: https:\/\/calendly.com\/blitton\/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https:\/\/smartmortgageshow.com\/ Call: 484-352-4151.  Check us out on YouTube: https:\/\/bit.ly\/3KbUxAF &amp;nbsp; ","author_name":"Smart Mortgage Show with Bill Litton","author_url":"https:\/\/smartmortgageshow.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/39369925\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/39369925"}