NMLS Company ID: 4138
Channel Mortgage
Mortgage guidance and loan solutions in New York
Channel Mortgage helps individuals and families find the right loan option for their home purchase, refinance, or investment goals. Experienced, caring brokers ready to guide you in your language.
Call Now for a Free ConsultationFirst-Time Home Buyer Inquiry Form
Interested in buying your first home? Fill out this form and a mortgage representative will contact you to discuss your options.
Get Pre-Approved for a Home Loan
Ready to start your home-buying journey? Complete this form to request a mortgage pre-approval review, and a loan representative will contact you.
What Is a DSCR Loan?
A DSCR loan is a type of mortgage often used by real estate investors to buy or refinance income-producing properties. DSCR stands for Debt Service Coverage Ratio, which means the lender looks at whether the property's rental income is enough to cover the mortgage payment.
Unlike traditional home loans, DSCR loans usually focus more on the property's cash flow than on the borrower's personal income. This can make them a useful option for investors who own rental properties or want to grow their portfolio.
These loans are commonly used for:
- Rental properties
- Investment homes
- Refinancing income-producing properties
A DSCR loan may be a good choice for borrowers who want a more flexible financing option based on the property's income potential.
Need more information about DSCR loans? Reach out to the loan officer to learn whether this option may be right for your investment goals.
Mortgage Services
Home Purchase
First-Time Buyer Programs
Refinancing
Cash-Out Refinance
Lower Monthly Payments
Investment Property Loans
DSCR Loans
Why Clients Reach Out
Channel Mortgage helps clients understand loan options and choose financing that fits their goals. Experienced and caring brokers provide expert mortgage guidance in your language.
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NMLS Company ID: 4138