Download Your Applicant Letter Today!
An applicant letter, unlike a pre-approval letter, plays a crucial role in the world of commercial and investment property financing. While pre-approval is available for primary residence buyers, real estate investors face a more rigorous process.
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With a Focus DSCR loan, borrowers benefit from a streamlined process. Nevertheless, final approval still hinges on a satisfactory appraisal and clean title work, culminating in a clear-to-close confirmation. So, when a Realtor requests a pre-approval letter from an investor, providing them with a Focus DSCR Applicant letter is the appropriate response. This letter demonstrates that financing is in progress with a streamlined investor DSCR loan. If you or your real estate agent have questions or concerns about the applicant letter please contact us directly at 614-362-8701.