Disclosures

Company

1st Advantage Mortgage Broker LLC (d/b/a 1st Advantage Mortgage) is an Equal Housing Lender, Company NMLS #2468711. 128 S Tryon St Suite 1933, Charlotte, NC 28202. 704-343-8681. Verify the company on NMLS Consumer Access.

State availability

DSCR loan availability varies by state and by property, and a state page on this Site is not an offer to lend. Business-purpose DSCR loans on investment property are offered where the company, the lender and applicable law allow. Eligibility depends on the specific property, the borrower and the lender program.

Not a commitment to lend

Nothing on this Site promises a loan. Approval depends on credit, the appraisal and whether the file fits a program. Pricing, terms and availability can shift without notice, and the calculator only produces estimates.

Investment property only

These are business-purpose loans secured by rental property the borrower does not live in, never by a primary residence. Ranges and guidelines on this Site are general, vary from lender to lender and can change, and a given program may not be offered in every area or on every property.

Examples are illustrations

Unless a figure is attributed to a cited public source such as the Census Bureau or FEMA, any price, rent, tax bill, insurance cost, interest rate or ratio in a worked example, table or the calculator's starting values is made up for illustration and is not market data, a current rate, an offer or a quote. Census figures are survey estimates with margins of error and describe a whole city, not any one property.

Prepayment penalties

A lot of DSCR loans include a fee for early payoff, and the schedule depends on the lender and the program. Get it in writing before you lock.

No professional advice

Nothing here is legal, tax, accounting or insurance advice. Talk to a qualified professional about how to hold title, tax treatment, local rental rules and coverage.

Equal Housing Lender

We follow the Federal Fair Housing Act and the Equal Credit Opportunity Act.

Government affiliation

This Site is not affiliated with, and has not been approved or endorsed by, any government agency.

Calls and texts

If you tick the consent boxes on our form, you agree to be contacted in the ways described there and in our Privacy Policy. You do not have to consent to apply for a loan or browse the Site. Texting frequency varies and carrier rates may apply. Reply STOP to opt out or HELP for help.

Company privacy notice

Our parent company's privacy notice applies alongside this Site's Privacy Policy.