LICENSED MORTGAGE ORIGINATOR
& DSCR EXPERT
LICENSED MORTGAGE ORIGINATOR
& DSCR EXPERT
Embedded Files
& DSCR EXPERT
Kristin "Kris" Fleming, NMLS 804170
With nearly two decades of financial services experience, 15 years in banking, and 25+ years of personal real estate investing, I understand how to navigate tricky files to approval, anticipate challenges before they arise, and quickly identify what won't work so we don't waste time.
Barrett Financial Group LLC, NMLS 181106, 2701 East Insight Way, Suite 150, Chandler, AZ 85286
Licensing Information: https://www.barrettfinancial.com/licensing or http://nmlsconsumeraccess.org/
Equal Housing Opportunity, Equal Housing Lender.
Curious about your monthly payments? Want to compare fully amortizing versus interest only? Explore with the calculator below.
Curious about your monthly payments? Want to compare fully amortizing versus interest only? Explore with the calculator below.
Check today's prevailing conventional rates below from Mortgage News Daily.
(DSCR rates are typically 0.25% to 1% above conventional, depending on the overall file and qualifications.)
Check today's prevailing conventional rates below from Mortgage News Daily.
(DSCR rates are typically 0.25% to 1% above conventional, depending on the overall file and qualifications.)
Your time is your most valuable asset. To ensure a smooth submission and a faster "Clear to Close," please click through this brief application guide. It highlights the specific do's and dont's of our non-conventional process, helping you gather the right data the first time.
Information Needed to Obtain a Pricing Quote
Information Needed to Obtain a Pricing Quote
Address of the subject property
Estimated current market value
Estimated current loan balance, if any
Current actual rents, or market rents if unleased
Property type (single family home, duplex, triplex, manufactured home, etc.)
Lease type (long-term rental, mid-term rental, short-term rental)
Annual insurance premiums
Annual property taxes
Your estimated credit score
Current exit strategy
Email this information to me at my official lending email address: kfleming@barrettfinancial.com
Documents Required for DSCR Underwriting
Documents Required for DSCR Underwriting
At minimum, the following documents are required:
The front and back of your valid government issued photo ID
The most recent two months of business bank statements
The most recent mortgage statement for your primary residence, if you have a mortgage
Entity formation documents:
EIN letter
Secretary of state filing acknowledgement
Signed Operating Agreement (yes, all pages)
If this is a refinance transaction, the following are also needed:
Current lease agreements on the subject property, if yet in existence
The most recent mortgage statement for the subject property
The hazard insurance declarations page
Additional documents may be needed, depending on the scenario. The above are definitely needed!
Please note: Underwriters require the full document trail. If your statement says “Page 1 of 8,” we must have all 8 pages—even if page 8 is just a blank back-page.
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