DSCR Loans Michigan

Michigan’s real estate market has become a seller’s market, driven by rising property prices and limited inventory. Investing in real estate in Michigan presents a valuable opportunity to diversify your portfolio and build long-term wealth. With the right planning and dependable financing, you can make the most of this growing market.

PRM Capital provides reliable funding solutions for real estate investors in Michigan. Whether you’re an experienced investor or just starting, our DSCR loans offer flexible, non-traditional financing to help you expand your portfolio.

What Makes DSCR Loans An Attractive Option?

DSCR loan is a popular choice among investors because it is aligned with the needs of income-generating properties. Here’s what makes DSCR loans popular:

Focuses on the income-generating potential of a property instead of personal income, unlike traditional loans. It doesn’t consider a borrower’s creditworthiness, employment history, or personal income.
Pretty straightforward lending process with less paperwork. You don’t need to file personal income verification or tax returns. This makes the application process less complex.
Simple eligibility criteria so borrowers with high debt-to-income ratios or low credit scores can also be eligible for DSCR loans, given that the property can cover its debt obligation.
The lenders use DSCR as a financial metric to evaluate a property’s cash flow against its debt service. So a DSCR of 1.25 and above is acceptable.
There’s no limit to the number of real estate properties an investor owns. In fact, it allows them to diversifytheir portfolio.

PRM Capital’s DSCR Real Estate Loans

At PRM Capital, we offer flexible DSCR loans to help you diversify your investment portfolio. We offer various DSCR mortgage options for Michigan investors. Ranging from fixed-rate mortgages to bridge or short-term loans.

Our DSCR loans have attractive features that make us one of the top choices among real estate investors:

Secure Funding Now!

So what are you waiting for? Secure a DSCR loan in Michigan for your investment venture and grow your investment portfolio. PRM Capital is here to empower and assist you on your investment journey. Reach out to us now!

Customer Reviews

    
 
 
        
   Andrés Guzmán 
 2023-10-04
 
 
  My experience was nothing short of outstanding. PRM exceeded my expectations in every way.
  
 
       
   ARMY 4LIFE 
 2023-09-29
 
 
  They have the best customer service! They treat you like family 😊
  
 
       
   Mari M Velazquez 
 2023-09-27
 
 
  The best company to do your loans with! Highly recommend it 😊