✅ Real Closed File Review – Indiana 🏡

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

💡What Is a DSCR Loan?

A Debt Service Coverage Ratio (DSCR) loan is a powerful tool for real estate investors. Instead of qualifying based on personal income, DSCR loans use the rental income potential of the property. That means no W2s, paystubs, or tax returns needed just the property’s ability to generate income!

This makes it an ideal financing option for:

✅ Experienced investors expanding their portfolio

✅ New investors entering the rental market

✅ Anyone looking for flexibility and faster approval

🏘 Why Investors Love DSCR Loans

• Streamlined approval process

• Flexibility for self-employed or multiple-property owners

• Easier way to scale your investment portfolio

• Focuses on cash flow, not paperwork

Whether you’re a seasoned pro or just getting started in real estate investing, DSCR loans make owning investment properties easier and more accessible.

🏡 LJ Mortgage Team – Your Local Guide to Homeownership

📍 127-03 Rockaway Blvd, South Ozone Park, NY 11420

📞 (516) 218-1297🤝 LJ Realty Team | Buy – Sell – Rent

Equal Housing Opportunity LJ Mortgage Team Inc. NMLS# 2120286

Purchase & Refinance NYS Registered Mortgage Broker, NYS Dept. of Financial Services. Broker arranges mortgage loans with third-party providers. Mortgage Broker Only, not a mortgage lender or correspondent lender. Licensed by the N.J. Department of Banking and Insurance. We do not make any mortgage loan commitments or fund mortgage loans.

🔗 www.nmlsconsumeraccess.org

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