-
Share via:
As a real estate investor, buying homes under traditional conventional programs can many times be a major hassle with submitting complicated tax returns, income statements, how many homes do you already own, cash reserve requirements, and more make it difficult for many investors.
We make it easy to qualify to buy more homes with our DSCR (Debt Service Coverage Ratio) Cash Flow loan, which allows you to qualify simply based on a positive cash flow rental analysis of the property. If it cash flows, you are good! This saves you all the hassle of the complicated income statements and tax returns of conventional loans
AL, AR, CT, DC, DE, FL,GA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, NH, NJ, NM, OH, OK, PA, RI, SC, TN, VA, WA
Ready to get started?
Simply contact us at (651) 552-3681 to discuss your situation. Our normal in office hours are M - F, 9:00 AM until 5:30 PM.
As with all mortgage loans, not everyone will qualify. Note: This quote is based on the borrower meeting the Standard Tradeline requirements. Need 3 tradelines reporting for a minimum of 12 months -OR- 2 tradelines reporting > 24 months; all with activity in the last 12 months. Cancelled checks for 12 or 24 months housing history may also be used as a tradeline. DSCR = Rents / (PITI + HOA Payment). DSCR under 1.00 and at least 0.80 requires Minimum FICO 700 and Maximum LTV of 75% DSCR under 1.00% has a Rate Adjustment of +.375%
Share via:
33 Wentworth Ave E, St Paul, MN 55118
Contact
Main (651) 552-3681
Joe@JoeMetzler.com
Cell/Text (651) 705-6261
We also call from
(651) 615-7545
(952) 486-6135
Cambria Mortgage
NMLS# 322798 Branch:1888858
Joe Metzler Loan Officer
NMLS# 274132. License MN #MLO-274132, WI #11418. SD #MLO.03095, ND #NDMLO274132, IA #36175, FL #LO119389, CO #100536785
Privacy Policies | Disclaimers | Disclosures | Terms of Use | DMCA Notice | ADA Notice |
Equal Housing Lender. The Joe Metzler Team at Cambria Mortgage lends in Minnesota, Wisconsin, Iowa, North Dakota, South Dakota, Colorado, and Florida only. This is not an offer to lend or to extend credit, nor is this a guaranty of loan approval or commitment to lend. Information here can become out of date, and may no longer be accurate. Products and interest rates are subject to change at any time due to changing market conditions. Not all programs available in all states. Actual rates available to you may vary based upon a number of factors. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. Joe Metzler, NMLS 274132, Cambria Mortgage NMLS 322798. © 1998 - 2024.