DSCR Loan Program New Jersey

DSCR Loan Program by Cornerstone Mortgage Group, Inc. This revolutionary program is designed to cater to the unique needs of real estate investors, and it's turning heads left and right. The DSCR Loan Program allows New Jersey real estate investors to purchase property without sourcing any income documents. The DSCR loan requirements don't require tax returns, W2s, or pay stubs. The best DSCR loans will carry ratios of 1:1, meaning the rents are equal to or better than the proposed payments on the property. Investors can purchase 1-8 unit properties under the DSCR Loan Program.

What is the DSCR Loan Program?

The Nitty-Gritty

The DSCR Loan Program, or Debt Service Coverage Ratio Loan Program, by Cornerstone Mortgage Group, Inc., is a specialized lending solution designed specifically for New Jersey real estate investors. This program focuses on the cash flow of the property rather than the borrower's personal income or credit score. In other words, it's a breath of fresh air for investors who have struggled to secure loans in the past due to traditional lending requirements.

Why It's a Game-Changer

The DSCR Loan Program by Cornerstone Mortgage Group, Inc., is a game-changer for several reasons:

  1. Property Cash Flow is King: The program evaluates loans based on the property's income- generating potential, not the borrower's personal finances. This approach opens doors for investors who might not have the stellar credit scores or W-2 income that traditional lenders demand.
  2. Flexible Terms: The program offers adjustable terms, allowing borrowers to choose the repayment schedule that best suits their needs.
  3. Quick Turnaround: Speed is the name of the game in real estate investing. The DSCR Loan Program boasts a quick approval process, so you can snatch up that perfect investment property before someone else does.
  4. Non-Recourse Financing: With non-recourse financing, borrowers aren't personally liable for theloan, which means their personal assets are off the hook in case of default. This feature provides anextralayer of protection for investors.

Who Can Benefit from the DSCR Loan Program?

The Ideal Borrower

The DSCR Loan Program by Cornerstone Mortgage Group, Inc., caters to a wide array of real estate investors. However, the program is particularly well-suited for:

  • Seasoned New Jersey investors with a track record of successful property management
  • Investors with less-than-stellar personal credit scores but solid investment opportunities
  • Those looking to expand their real estate portfolios without the hassle of traditional lending requirements
  • Foreign nationals seeking investment opportunities in the United States


Q: What types of properties are eligible for the DSCR Loan Program?

A: The program is tailored for residential investment properties, such as single-family homes, multi-family properties, and apartment complexes.

Q: Are there any minimum loan amounts?

A: Yes, the minimum loan amount for the DSCR Loan Program is typically $100,000.

Q: How is the Debt Service Coverage Ratio (DSCR) calculated?

A: The DSCR is calculated by dividing the property's net operating income (NOI) by the total debt service. A higher DSCR indicates a stronger cash flow and a lower risk for the lender.

Q: What is the typical loan-to-value (LTV) ratio for the DSCR Loan Program?

A: The program usually offers LTV ratios up to 75%, although this may

If you're interested in learning more about our DSCR Loan Program or have any questions, please don't hesitate to contact us. You can reach us at (973) 917-3158 or send us a fax at (888) 241-5805. You can also email us at bkordell@cornerstonemtggroup.com.

Our experienced mortgage brokers in New Jersey, NJ are ready to assist you with your mortgage needs and help you achieve your financial goals.