From first tap to closing table
DSCR Loan App handles the prep in the app. A licensed broker handles the shopping. The lender you choose handles the approval and funding.
- You, in the app
Build your scenario
Answer six short steps: your goal, the property, the big numbers, carrying costs and a bit about you. The builder checks the basics as you go, including that the property is a non-owner-occupied investment.
- You, in the app
Check the coverage ratio
Use the calculator to see how rent compares with the full monthly payment. Try a few rates you choose to see how sensitive the deal is.
- You, in the app
Start gathering documents
Tailor the checklist to your deal and tick items off as you collect them. Progress saves on your device, so you can chip away at it.
- You + us
Send it to a Loan Daddy loan specialist
Your scenario prefills the application. Add contact details, agree to be contacted, and send. A Loan Daddy loan specialist will follow up. Loan Daddy LLC is a mortgage broker, not a lender.
- Us
We shop wholesale lenders
As a mortgage broker, we compare how several wholesale lenders would treat your deal: leverage, structure, prepayment terms, property-type comfort and more. Then we walk you through the trade-offs.
- You + us + lender
Application, appraisal and underwriting
Once you choose a direction, the formal application goes to the selected wholesale lender. The appraisal confirms value and market rent, and underwriting reviews the full file. We coordinate and keep you posted.
- Lender
Approval and closing
If the lender approves the loan, closing is scheduled with the title or escrow company. The approving lender funds the loan. Every loan is subject to underwriting and lender or investor approval.
Who does what
You
Bring the deal, the numbers and the documents. Make the final decision.
Us, the broker
Review, organize and shop your scenario with wholesale lenders. We do not lend or fund loans.
The wholesale lender
Underwrites, approves and funds the loan, and sets the final terms.
Ready to see what your rental can support?
Build a scenario in a few taps, then send it over. A Loan Daddy loan specialist reviews it and shops wholesale lenders for you.