Monroe Funding Corp has just rolled out updated guidelines for its DSCR (Debt Service Coverage Ratio) loan program, making it even easier for real estate investors to secure long-term rental financing.
Here’s what’s new:
- Minimum FICO Score: 620 – Making the program accessible to more borrowers.
- Purchase Loans: Up to 85% of Sales Price – Investors can get in with less money down.
- Cash-Out Refinance: Up to 75% LTV – Unlock equity for future investments or capital needs.
- Interest Rates Starting at 6.5% – Competitive rates for non-owner-occupied properties.
- 30-Year Fixed Terms – Long-term stability without balloon payments or resets.
- Eligible Properties: Residential 1–8 units, condominiums, and condotels.
This update reflects Monroe Funding Corp’s ongoing commitment to simplifying access to real estate capital. Whether you’re scaling your rental portfolio or refinancing to reposition assets, these terms offer an ideal solution without the red tape of traditional banks.
Monroe’s no-income verification DSCR loans are perfect for buy-and-hold investors who want predictable payments, fast closings, and expert support throughout the process.
Get started today and find out how Monroe Funding Corp can help finance your next real estate investment with speed and confidence.