Blog
At First Western Federal Savings Bank, and specifically within our “My IRA Lender” division, the most common question we receive isn’t about interest rates, but about qualification: “How much rent do I need?” The answer lies in the Debt Service Coverage Ratio (DSCR). We use this metric to ensure your investment is safe, profitable, and…
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There are a number of requirements you need to meet in order to qualify for a non-recourse loan. From the correct documentation to the correct type of rental property you’re looking to purchase, you need to have all your ducks in a row when you start the application process. But even before that happens, you…
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