No Tax Returns or Income Verification Required
Tower Lending qualifies you based on the property’s equity rather than your personal income. In most cases, we simply review credit, order an appraisal, review title work, and schedule your closing.
This simple underwriting approach is what truly sets us apart from the competition. We offer both short-term and long-term DSCR Loans.
Commercial & Residential Business Purpose Mortgages
Non Recourse options without any income verification or Income documentation. DSCR Loans with asset-based underwriting for real estate investors. Loans are closed quickly thanks to a streamlined underwriting process that is primarily based on the appraisal and clear title. These are true DSCR loans for investors looking for a streamlined process.
Business Credit lines and working capital loans are funded in 24 hours. We look at the last 90 days of average deposits in your business bank account to determine the loan amount. Fast and easy process.
Unique solutions for vacation rentals allow the daily rental income to be used when calculating the property’s debt service. This means you receive a true DSCR loan without the headache of full doc financing.
Creative solutions for real estate investors with a focus on streamlined underwriting without the need for income documentation.
We believe commercial lending should involve a common sense approach to underwriting that allows for creative flexibility in all areas. It’s our belief that asset based lending should focus primarily on the subject property rather than an invasive look into the borrowers personal financial situation.
Don’t take our word for it
Tower Lending is the nation’s #1 provider of DSCR Loans for investment properties. We qualify you based on the property’s equity rather than your personal income. In most cases, we simply review credit, order an appraisal, review title work, and schedule your closing!
This simple underwriting approach is what truly sets Tower Lending apart from the competition. We offer both short-term and long-term mortgage products.
Tower Lending has financed various asset classes throughout the United States.
We have DSCR loans for both short-term and long-term financing that is asset-based and has a streamlined underwriting process.
We believe commercial lending should use common sense when underwriting a deal. The center of our philosophy is based on asset based lending that isn’t limited to short term options. Most asset based lenders will only offer short term financing with a very high cost of capital. Tower Lending offers long term financing options with an underwriting approach that rivals the streamlined process of short term private lenders. This is why we’ve been the nation’s leading provider of DSCR loans since 2010.
