Montana DSCR Loans
EasyRent is our tailored and industry-leading DSCR Loan solution for Montana real estate investors. Whether you are acquiring property to expand your portfolio or cashing out your capital in a refinance, we have a loan for you. Our DSCR Lending Program has solutions for anyone – from first-time investors to industry veterans looking to rapidly scale their portfolios. We are confident we can find you a great Montana DSCR loan in a quick, efficient and easy process. Click the button below and get started today!
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What is a DSCR Loan?
A DSCR Loan is a mortgage loan for a residential income-producing property. It is primarily based on the “Debt Service Coverage Ratio” or the cash flow of the property, rather than the borrower’s income. A traditional mortgage loan will require income verification, tax returns and a “Debt-to-Income” (DTI) ratio. DSCR Loans require none of these! Perfect for real estate investors ready to scale (no more W2!) or are looking leave behind the hassle, paperwork and headaches of conventional financing, DSCR Loans are quickly becoming the go-to loan option for real estate investors.
For a comprehensive definition, “DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property.”
DSCR Loan Definition Breakdown
- Mortgage Loans = form of loan that is secured by collateral, collateral = real estate
- Residential Real Estate = properties used for people to live in vs. commercial, which is used to operate businesses (offices, retail, industrial, hotel, self-storage, etc.). In real estate finance, residential also typically refers to “1-4 unit” properties, anything more would be considered “multifamily”
- Business Purpose = DSCR loans strictly do not allow the owner of the property to live in the property, it must be used for “business” or investment purposes. Includes use of “cash-out proceeds”
- Underwritten = How lender evaluates (and then prices) the risk of the loan
- Primarily Based on Property = Mostly based on property, but also look at sponsor
- Turnkey = property doesn’t require any renovation, “turn the key and go”
Looking to get a deeper understanding of all things DSCR? Check out our DSCR Loans Guide below!
Montana Recent DSCR Fundings
Real Investments. Real Results.
Real estate investors in The Treasure State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like Montana, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for Montana real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in Big Sky Country below:
Duplex
Butte, MT
$320,000 Montana DSCR Rental Loan for an Acquisition of a rental property in Butte. This charming two-story duplex, built in 1900, features two units, each with two bedrooms and two bathrooms. Conveniently located just three miles from Interstate 15, it offers easy access to key destinations like Helena and Dillon.
Single-Family Residence
Butte, MT
$367,500 Montana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Butte. This property features a fenced in backyard perfect for pets or children, as well as a porch on the first floor and balcony on the second floor with views over the city of Butte.
Single-Family Residence
Livingston, MT
$486,500 Montana DSCR Rental Loan for a Cash-Out Refinance of a rental property in Livingston. This property is located in the heart of Livingston, a historic town within a few hours of Big Sky Mountain and Yellowstone National Park, making it a great destination for outdoor-loving travelers.
Quadplex
Butte, MT
$258,400 Montana DSCR Rental Loan for an Acquisition of a rental property in Butte. Surrounded by vast mountains and tremendous hiking paths it is nestled in the south Butte area. The location is unbeatable as it is close to a variety of shopping enclaves, public transportation, employment opportunities, and esteemed schools.
5-Unit Multifamily
Missoula , MT
Investor purchases a a multi-unit short term rental in booming Missoula
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