Rate-and-term refinance
DSCR Refinance Rates
A DSCR rate-and-term refinance is designed to review the existing rental-property debt without requesting cash proceeds. Pricing depends on the current payoff, value, credit, cash flow, term, points, and prepayment strategy.
Rate-and-term pricing inputs.
Current payoff
The first mortgage and any subordinate financing must be identified accurately.
Property value
Current value compared with the new loan amount determines the refinance LTV.
Payment objective
The best structure may target payment stability, lower cost, longer amortization, or a different prepayment term.
Cash flow
Current rent and property expenses support the DSCR and program review.
When a refinance comparison is useful.
- Replacing short-term or maturing investment-property debt.
- Moving from an ARM to a fixed structure or comparing a new ARM period.
- Extending amortization to reduce the scheduled payment.
- Changing prepayment structure, subject to the complete cost comparison.
Compare savings after costs.
A lower note rate does not automatically create a better refinance. Compare APR, points, lender costs, title/escrow, prepayment charges on the existing loan, new prepayment terms, monthly savings, and the expected hold period.
Related DSCR rate guides.
Continue your rate research with the most relevant comparison pages.
Build a DSCR rate review around the actual property.
Share your property and financing goal. A NonQM123 specialist will review your request and contact you by phone or email with the next steps.
Business-Purpose Investment Financing
This website presents financing options intended for eligible non-owner-occupied investment properties and business purposes only. The subject property may not be occupied by the borrower or the borrower’s family when prohibited by the applicable program. Loan proceeds may not be used for personal, family, or household purposes. Program availability, occupancy requirements, terms, and eligibility are subject to underwriting, property review, state restrictions, and lender approval.