DSCR cash-out · Investment properties
What type of property are you refinancing?
Start with your rental property. Explore a cash-out estimate before sharing your contact details.
Questions about your property? Talk with Mike.
(949) 828-5359 · Michael Kanter, NMLS 1081117
A few things to know about DSCR cash-out
Is this for the home I live in?
No. This page is for business-purpose cash-out refinances on non-owner-occupied investment properties. Call Mike to discuss a primary residence.
What does DSCR mean?
Debt service coverage ratio compares rental income with the property's debt payment. Credit, title, appraisal and other program requirements still apply.
How is the estimate calculated?
The calculator models a maximum loan of 75% of property value and a minimum new loan of $100,000. Estimated cash is the new loan minus your existing mortgage balance, before closing costs and any other payoffs. The payment illustration uses an assumed 7.50% rate over 30 years, plus the taxes and insurance you enter or an estimate. It excludes HOA dues and other expenses. This is a calculation assumption, not an offered rate or quote.
Which properties and states does this cover?
Eligible single-family rentals, 2–4 unit properties, and condos or townhomes in AZ, CA, CO, FL, OR, TN, TX and WA. Manufactured and mobile homes are outside this offer. Properties listed for sale and uncertain ownership need review.
What happens after I send the form?
Your request goes to Adaptive Mortgage Solutions. Mike reviews the property information and contacts you to discuss the next step. Submitting this form is not a loan approval.