Another successful closing for the LJ Mortgage Team — helping investors make smart moves in the real estate market! 📍 Property Location: Indiana 💰 Property Value: $280,000 🔑 Down payment (20%): $56,000 📑 Closing Costs: $13,688.58 (~4.89% of purchase price) 📈 Interest Rate: 6.375% 💵 Monthly Payment (with Escrow): $1,839.33 📊 Loan Type: DSCR – Investment Property 📉 Credit Score: 740 🏠 Property Taxes: $3,759 | HOI: $1,543

At LJ Mortgage Team, every closed loan tells a story and this one highlights the power of DSCR Loans for real estate investors. 📍 The Deal: Bellerose Investment Property Loan Type: DSCR (Debt Service Coverage Ratio) Loan Property Value: $905,000 Down Payment: $226,250 (25%) Credit Score: 724 Property Taxes: $14,795 HOI (Homeowners Insurance): $2,353 Rental Income: $5,500 Monthly Mortgage (Including Taxes & Insurance): $5,940 DSCR Ratio: 0.