Debt Service Coverage Ratio loans designed for real estate investors. Qualify based on property income, not personal tax returns. Scale your rental portfolio without the limits of traditional financing.
62 and over
Investment property purchases require at least 20% down.
Typically over 50%
Higher scores unlock better DSCR rates and terms.
Must be Primary Residence
DSCR investment loans do not require PMI or MI.
Overview
A reverse mortgage is a home loan designed for homeowners age 62 and older. Instead of making monthly payments to a lender, the lender pays you from the equity you have built up in your home over the years.
You can receive the money as a lump sum, fixed monthly payments, a flexible line of credit, or a combination of all three. The loan balance is repaid when the last borrower no longer lives in the home, typically through the sale of the property.
You keep the title to your home, and you can stay in it for as long as you meet the loan obligations: living there as your primary residence, keeping up with taxes, insurance, and maintenance, and paying any HOA dues.
Eliminate your monthly mortgage payment and improve cash flow in retirement. You remain the owner of your home.
The money you receive is not considered income, so it is generally not taxed. Use it for healthcare, renovations, or daily expenses.
Choose a lump sum, monthly payments, a line of credit, or a combination — whatever fits your retirement plan.
You (or your heirs) will never owe more than the home is worth when the loan becomes due.
ELIGIBILITY
✓ Borrower must be 62 years or older
✓ Home must be your primary residence
✓ Sufficient equity in the property (typically 50%+)
✓ Mandatory HUD-approved counseling session required
✓ Property must meet FHA standards and be maintained
✓ You must stay current on property taxes, insurance, and HOA dues
This is a major financial decision and we take the time to explain every option, every cost, and every alternative. We will help you decide if it is the right fit for your retirement goals.
