Expert non-QM mortgage insights for self-employed borrowers, real estate investors, and high-net-worth buyers. Market updates, borrower guides, and strategies from America’s #1 consumer-direct non-QM lender.
If a DSCR investor could design a state from scratch, they might produce Tennessee. No state income tax. Sub-1.0% effective property tax rates in the
The investor who has 4 rental properties already knows exactly what happens when they apply for a 5th conventional mortgage: the underwriter runs their DTI,
The conventional lender wants to know what you make. The DSCR lender wants to know what the property makes. Those are two fundamentally different questions
Both programs exist because conventional financing fails self-employed and non-traditional income borrowers. They solve the same problem — documenting income without a W-2 and tax
The investor who understands DSCR’s structural advantages — no DTI accumulation, no property count limit, no personal income documentation — has a clear mechanism for
A DSCR of 0.96 and a DSCR of 1.04 represent an $800/month difference in rent or PITIA on a $2,500/month lease deal. They also represent
The investor who knows their DSCR before they make an offer is the investor who closes. The investor who finds out their DSCR after spending
Illinois is a challenging but navigable DSCR market. The challenge is Cook County’s property tax structure — one of the highest effective rates in the
North Carolina has emerged as one of the most reliably strong DSCR states in the country — and the reason isn’t complicated. When property taxes
Texas is Mbanc’s highest-volume DSCR state by transaction count. The reason is structural: 500,000+ net new residents per year, 55 Fortune 500 company headquarters, the