An investor loan based on property cash flow
Most loans are approved based on your personal income.
Not the Investor Cash Flow Mortgage Program.
This loan is gaining popularity with real estate investors because approval is based on the property’s cash flow, not the buyer’s personal income.
The program allows savvy investors to buy properties without tax returns, W2s, or employment verification.
Cash flow loans open up a new world of opportunity for today’s real estate investors.
What is the Investor Cash Flow Mortgage Program (CFMP)?
The Investor Cash Flow Mortgage Program (CFMP), is an alternative financing solution.
If a property’s monthly income is greater than its mortgage payment, the buyer could be approved.
This is a different method than Fannie Mae or Freddie Mac use. Traditional loans like these must verify the buyer’s personal income for qualification.
Proving personal income is difficult for full-time real estate investors with complex tax returns, or those who don’t have two years of filed self-employed returns at all.
The CFMP loan (also known as the Debt Service Coverage Ratio or DSCR loan) looks at the property’s cash flow instead.
How does the program work?
CFMP lenders compare the property’s potential income versus its all-in payment to come up with a Debt Service Coverage Ratio, or DSCR.
