Purlend Data Dictionary

domain-term proposed

DSCR Loan

Debt Service Coverage Ratio loan. Used for investment properties. Qualification is based on the property's rental income, not the borrower's personal income — no W-2 or pay stub required.

AudienceName
Engineering (code)
Design (UI label)
Borrower-facinga loan for rental property, qualified on the property's rental income, not your own
Do not use

Sources

Related

DSCR (Debt Service Coverage Ratio), Program Family

Referenced by

DSCR (Debt Service Coverage Ratio), Quality Bonus

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