OUR BEST-PRICED INVESTOR PROGRAM

QUICK FACTS

  • Loan Amounts up to $1.0 Million
  • Cash Out Up to $500K
  • Interest Only Option Available
  • Qualify on Interest-Only Payment
  • No Income Verification
  • Listed for Sale within Last 6 Months OK
  • 12 Months Reserves on Subject Property Only
  • DSCR as Low as 1.15
  • No Vacancy Factor

REQUIREMENTS

  • 30 Year Fixed Term Only
  • Minimum FICO 700
  • No Pre-payment Penalty Options
  • No First-Time Investors
  • Income/Job Required
  • Unleased Properties Do Not Qualify
  • No Short-Term Rentals
  • Limit of 20 Financed Properties
  • Maximum of 4 Loans Funded by WesLend to One Borrower
  • Gift Funds Not Allowed
  • Cash Out as Reserves Not Allowed
​When only the finest rate will do, our Select DSCR program fits the bill.  Qualifying for this cash-flow loan program is easy if the investment makes sense. We can use an interest only payment and DSCR as low 1 : 15, and given the generous low qualifying term, more borrows will qualify for this price leading program.  To further simplify the approval process we also won’t ask for W-2’s, 1099’s, or income tax returns.

Select DSCR is the loan program for experienced investors who demand the best possible terms. Other programs can’t compete.
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Select DSCR is part of the Weslend FASTER, EASIER & BETTER solution!
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