E Mortgage Capital, Inc. NMLS #1416824 · Billy Robles NMLS #2751970 · (323) 393-5077 · NMLS Consumer Access (opens in a new window) · Equal Housing Lender

Bank-statement vs. DSCR

Bank-statement files still qualify a person. Deposits become income; DTI still exists; owner-occupied consumer loans generally cannot have a prepayment penalty.

DSCR files qualify a property. Rent versus PITIA. Personal income may be ignored. Entity vesting and prepay schedules are common where the state treats the loan as business-purpose.

Pick the path from occupancy and documentation — not from a slogan.

Billy Robles NMLS #2751970 · E Mortgage Capital NMLS #1416824 · Equal Housing Lender

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