Market rates updated throughout the day. Contact Steve or Zach for your personalized rate quote — your actual rate depends on credit score, LTV, property type, and loan program.
Last updated: 4:40 AM · Source: Mortgage News Daily
Rates sourced from Mortgage News Daily. Displayed rates are market averages for well-qualified borrowers and are not a commitment to lend. Your actual rate will depend on credit score, LTV, property type, loan amount, and other factors. DSCR and bridge rates vary by lender and deal — contact us for a personalized quote.
Market averages don't tell your story. Your rate depends on your credit, your deal, and which of our 20+ wholesale lenders is the best fit. Let us find it.
DSCR loans carry slightly higher rates than conventional loans because they're non-QM products with no income verification. The lender takes on more risk, which is priced into the rate. Typically, DSCR rates run 0.5–1.5% above conventional rates for the same credit profile. The trade-off: no tax returns, no W-2s, close in your LLC.
The interest rate is the base cost of borrowing. APR (Annual Percentage Rate) includes fees and points and is a more accurate comparison tool. When comparing lenders, always compare APR — not just the rate. A lower rate with high origination fees may cost more than a slightly higher rate with no points.
Rate locks typically last 30–60 days. For DSCR loans, we recommend locking as soon as you're under contract and have confirmed the loan program. Rates can move significantly in a short period. We'll advise you on timing based on current market conditions when you're ready to lock.