The updated page explains how the firm underwrites the asset. Depreciation, mortgage interest, and operating expenses all reduce reported income on a tax return. A DSCR structure reads through to the rent roll instead, measuring whether gross monthly rent covers principal, interest, taxes, insurance, and association dues.
Entity vesting is treated as standard practice. Borrowers holding assets in an LLC or corporation for liability and estate planning purposes qualify on the same terms as an individual borrower, and personal tax returns aren't part of the file.
According to the page, qualified applicants generally include:
- Buy-and-hold rental property investors with a stabilized 1-4 unit or small multi-family asset
- Self-employed operators and full-time real estate professionals
- Bridge-to-hold operators refinancing short-term debt into permanent fixed-rate financing
Operators who acquired an asset through short-term fix and flip financing frequently refinance into the portfolio program once the property is stabilized and leased. Both the single property and portfolio programs require a minimum credit score of 660. They cover purchase, refinance, and cash-out refinance on investment properties.
Beyond program parameters, the page includes a worked DSCR calculation table, current state availability, and a five-step application process. It also answers frequently asked questions on documentation, prepayment terms, and how a fixed-rate DSCR loan compares to a conventional investment property mortgage. The page features recent transactions in Parkland, FL, Brooklyn, NY, Livingston, NJ, and the Bronx, NY.
To get started, investors can apply online, call (800) 609-7707, or email info@bayportfunding.com. Complete files fund in as little as 72 hours. Mortgage brokers seeking DSCR financing for their investor clients can submit loan requests through Broker Direct (https://bayportfunding.com/bayport-broker-direct/), providing direct access to the credit team responsible for reviewing and underwriting each loan.
About Bayport Funding
Bayport Funding is a direct balance sheet lender serving real estate investors across 36 states. Its programs span fix and flip financing, ground-up construction, multi-family and development financing, and 30-year fixed rate DSCR loans. Chief Executive Officer Marcia Kaufman brings more than three decades in mortgage banking and real estate.
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Source: Bayport Funding
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