Haven’t bought in the last 12 month. My last DSCR loan rate was horrible at 10.5%, thinking about refinancing it since i couldn’t qualify for conventional loan due to a new job.
What are you seeing? 8%?
New
KeithlessJun 13
Def not 10. What's with new job that disqualified you from conventional loans? Contractor?
New
Mod@u2hrnzhOPJun 14
They usually want 6 months worth of work history to qualify so that is why I used DSCR loan.
Def not 10. What's with new job that disqualified you from conventional loans? Contractor?
They usually want 6 months worth of work history to qualify so that is why I used DSCR loan.