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.
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 means you have the freedom to charge fees your way and earn up to 5 points on a 1-4-unit deal.
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
“Silver Hill is my #1 lender to take my deals
to because of my SHF team!” – Mona O.
Want to discuss a deal?
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.