You’ve got to go through Silver to get to gold.
- Lower minimum loan amount
- Reduced interest rates for challenged FICOs
- No geographic LTV caps
- Reduced closing fees and no lender points charged
- No tax returns required
Gold DSCR Program Overview:
- Loan size: $75,000 – $1.5 million
- Purpose: Purchase, Cash-Out, R/T Refi
- Loan term: 30-year Fixed / 10-year IO
- Max LTV: Purchase – 80% / Refi – 75% / Cash-Out – 70%
- Min DSCR: 1.20x for FICO <720 / 1.10x for FICO ≥720
- FICO: 700
- Amortization up to 30 years
- Closing entity: Business
- Documentation: No tax returns required
We do DSCR differently.
Alternative
Underwriting
Instead of the standard Debt-to-Income (DTI) test, we perform a DSCR-based underwrite and qualify income based on the property’s cash flows.
No Lender
Points
No lender points means you have the freedom to charge fees your way and earn up to 5 points on a 1-4-unit deal.
Lower
Closing Fees
The financing flexibility your clients need. Now with reduced closing fees. It’s a win-win.
When does this program make sense for investors?
- Your borrower needs more flexibility than traditional lenders can offer
- Your borrower has a smaller loan requestthan other lenders are willing to accept
- Your borrower prefers not to submit tax return documentation
What borrowers
are saying.
“Silver Hill is my #1 lender to take my deals
to because of my SHF team!” – Mona O.
Want to discuss a deal?
Let’s talk.
Closing mortgage deals can be a simple and stress-free process – but only if you have the right partner on your side. See how we can be that partner for you.
