Bucolic New Hampshire has long been known as an athlete's paradise, with its tiny towns and sweeping vistas that draw locals and tourists alike. Short-term rental property is trendy here thanks to the many visitors coming to refresh themselves from the big cities, but there is also plenty of long-term rental income to be had.
If you'd like to take advantage of this small state's big charms, Visio Lending can help through New Hampshire DSCR loans. We provide real estate investors with attractive and competitive mortgage loans -without the need to examine their personal financial history.
A DSCR loan relies on the debt service coverage ratio, which divides the gross rental income of the investment property by the loan payments to determine whether the property generates sufficient cash flow to cover its debts. DSCR loans do not require the borrower to disclose their personal financial history, only demonstrate the property's cash flow and projected income.
Check out some of Visio Lending's recently closed DSCR loans in New Hampshire.