Does Switching From W-2 to Gig Work Hurt a DSCR HELOC Approval?
Wondering does switching from w 2 to gig work hurt a DSCR HELOC approval? Lendmire explains how rental income drives the file.
Investment Properties
Can a Portfolio DSCR Cash-Out Buy Out a Sibling on Inherited Rentals?
Can a portfolio DSCR cash-out buy out a sibling on inherited rentals? See the title, coverage and equity tests, plus the steps, with Lendmire.
How to Use a HELOC on Your House to Buy a Lake Cabin
Learn how to use a HELOC on your house to buy a lake cabin, from equity limits to rental rules. Lendmire explains each step.
DSCR HELOC Rules for a Rental Damaged in a Storm With an Open Claim
See how DSCR HELOC rules treat a rental damaged by a storm with an open claim, and what to line up first. Lendmire explains the steps for investors.
How to Qualify for a DSCR HELOC for BRRRR Investors
Learn how investors qualify for a DSCR HELOC on a seasoned rental to fund the next BRRRR deal. Lendmire explains the rent test, tiers and seasoning.
DSCR Cash-Out Refinance vs Selling a Rental to Fund a Sabbatical
Weigh a DSCR cash out refinance against selling a rental to fund a sabbatical. Lendmire explains how each path affects cash and coverage.
Can You Get an Investment Property HELOC on Your Old Home After a PCS Move?
Wondering can you get an investment property HELOC on your old home after a pcs move? Lendmire explains lender limits and DSCR options.
Will Your Brokerage Account Matter for a DSCR HELOC on a Rental?
Will your brokerage account matter for a DSCR HELOC? See how rent drives the file and where assets count, with Lendmire.
How to Qualify for a DSCR HELOC With Little Equity Left After Your Mortgage
Qualify for a DSCR HELOC with little equity left after your mortgage: see how rent, room and credit decide the line. Lendmire arranges it.
Can You Close a Portfolio DSCR Cash-Out by Mail While Living Abroad?
Can you close a portfolio DSCR cash-out from abroad? See the signing routes, the 75% cash-out cap and the pitfalls, with Lendmire’s guidance.
What Lenders Look at When You Use a HELOC for Your Child’s Down Payment?
What lenders look at when you use a HELOC for your childs down payment, and how Lendmire helps parents and homeowners plan the file.
Will a DSCR HELOC Lender Accept a Rental Recently Retitled to Your LLC?
Will a DSCR HELOC lender accept a rental retitled to your LLC? See how seasoning and due-on-sale work, and how Lendmire matches the program.
How to Qualify for an Investment Property HELOC on Assets Alone as a Retiree
Retirees can qualify for an investment property HELOC on assets alone only in limited cases. Lendmire explains your options.
Can You Get an Investment Property HELOC on a Home Built Under a Construction Loan?
Learn how to get an investment property HELOC on a home built under a construction loan, and what limits apply. Lendmire explains the steps.
Can You Get an Investment Property HELOC When a Home Equity Investment Is Owed at Sale?
Wondering how to get an investment property HELOC when a home equity investment is owed at sale? Lendmire explains lien limits and your options.