Vermont DSCR Loans
EasyRent is our tailored and industry-leading DSCR Loan solution for Vermont 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 Vermont 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!
Vermont Recent DSCR Fundings
Real Investments. Real Results.
Real estate investors in The Green Mountain 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 Vermont, 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 Vermont real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in Vermont below:
PUD
Stowe, VT
$764,285 Vermont DSCR Rental Loan for an Acquisition of a rental property in Stowe. This property is located near Stowe Mountain Resort, a premier destination for skiing and hiking, as well as the charming town center of Stowe with its shops, restaurants, and cafes. Currently owner-occupied, the property will be converted into a short-term rental upon purchase.
Triplex
Ludlow, VT
$437,500 Vermont DSCR Rental Loan for an Acquisition in Ludlow. This short-term rental is just a short distance from Okemo Mountain Resort, a popular destination for skiing and hiking. It’s also located near Interstate 91 which offers easy access for travel.
PUD
Sutton, VT
$149,500 Vermont DSCR Rental Loan for a Cash-Out Refinance of a rental property in Sutton. The property has recently undergone significant updates including new kitchen finishes, appliances, and bathroom fixtures. Located five miles northeast of US Route 5 and Interstate 91, it offers convenient access to Vermont and New England, with Willoughby State Forest just 10 miles west for outdoor activities.
Single-Family Residence
Stowe, VT
$888,000 Vermont DSCR Rental Loan for an Acquisition of a rental property in Stowe. Currently used as a short-term rental, this property contains six bedrooms and three baths, with a total of twelve rooms.
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