How fast can a DSCR loan close?

How fast can a DSCR loan close?

Hi Beau, I'm wondering how long it takes to close a DSCR loan and what's involved in the process?

Thanks!
Steve

Timestamps
[00:11] How long does it take to close a DSCR loan
[00:20] Some DSCR loans close quickly depending on the various factors
[00:28] Open an escrow account or have your closing attorney prepare all the title work
[00:38] Provide your entity docs and make sure you have your operating agreement signed
[00:46] It might take a week to get the title work and to get the insurance back from the insurance agent
[01:11] How can you close a DSCR loan in two weeks?
[01:36] It has to go to a final underwrite
[01:52] The process depends on the borrower and the appraisal
[01:56] Not a lot of documentation needed

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