Puerto Rico DSCR Loans
Puerto Rico commercial real estate DSCR loans - refinance, purchase, bridge, rehabUP TO 85%LTV
Most commercial property types accepted
Puerto Rico DSCR Loans
Loans from $1,000,000
Puerto Rico commercial real estate loans
Puerto Rico DSCR loan parameters
9-12% up to 20 yrs. 2 bank origination points plus our 1% to 2%.
Min and max loan amount $200k-$20M - more on a case by case basis.
Property type(s) 1-4 family rental, & commercial - no primary residences
Max LTV 65-85 based on DSCR ratio/income.
Process time 45-60 days, 40 average
Up front costs - typically no upfront.
This DSCR loan is based on past performance, min 12 months past rent/p&L, usually also past 2 years tax returns.
puertoricorealestateloans@michaellewisgroup.com
We DO co-broker 50/50