Timothy Hero - Mortgage Broker

A recent portfolio I quoted. Low doc, not on credit, and below industry average on rates.

DSCR Financing OVER 275 CLOSINGS SINCE 2021 DSCR Financing UP TO 30-YEAR FIXED | AS LOW AS 6.25% | NOT ON CREDIT | LOW DOC AS SEEN ON:

After 3.5 years, I broke $1 million in commission!

$7.2 million in the pipeline and for great reason; because I have the best DSCR rates in the market for investors.

DSCR Financing OVER 275 CLOSINGS SINCE 2021 DSCR Financing UP TO 30-YEAR FIXED | AS LOW AS 6.75% | NOT ON CREDIT | LOW DOC AS SEEN ON:

Just quoted the following terms:

30-year fixed
75% LTV (cash-out)
0 pt origination
7.3% rate

Keep in mind, the industry average for 0 pt origination is currently 8%.

DSCR Financing OVER 240 CLOSINGS SINCE 2021 DSCR Financing UP TO 30-YEAR FIXED | AS LOW AS 6.75% | NOT ON CREDIT | LOW DOC AS SEEN ON:

Nobody gives you rewards when you're an entrepreneur, so I embrace my achievements myself.

Mr. $60 Million to celebrate $60 million in DSCR mortgages closed in my first 36 months.

DSCR Financing OVER 240 CLOSINGS SINCE 2021 DSCR Financing UP TO 30-YEAR FIXED | AS LOW AS 6.75% | NOT ON CREDIT | LOW DOC AS SEEN ON:

Going for 150 DSCR closings in 2024!

DSCR Financing OVER 240 CLOSINGS SINCE 2021 DSCR Financing UP TO 30-YEAR FIXED | AS LOW AS 6.75% | NOT ON CREDIT | LOW DOC AS SEEN ON:

Over $23 million in DSCR loans closed this year with $4.6 million still in the pipeline.
timothyhero.com

One of my DSCR lenders is doing portfolio loans and 5+ unit multi family in the 7's again! No buy down and 75% LTV.

timothyhero.com

Now's the time to cash-out the equity in your portfolio before DSCR rates reach double digits.

With over 225 closings in 36 months, I've proven to have solid financing options.

timothyhero.com | [email protected]

Over $53 million in closed DSCR mortgages in my first 36 months!

Going for $40M in 2024!

Visit timothyhero.com for a quote.

I'm on track to close over $25 million this year in DSCR loans. Send those multi family properties my way for pricing.

timothyhero.com

I just quoted a 14-unit on the following terms for DSCR:

LTV: 75%
Term: 10 years
Amortization: 30 years
Rate: 8.04%
Origination: 1%

timothyhero.com for a quote.

Highlight DSCR products right now:

40-Year fixed
No prepay
80% LTV cash-out
Zero origination

timothyhero.com

40-Year fixed and 80% LTV cash-out on DSCR loans! Without buying down the rate, expect around 8.1%.

DSCR Financing OVER 200 CLOSINGS DSCR Financing 30-YEAR FIXED | AS LOW AS 7% | NOT ON CREDIT | LOW DOC AS SEEN ON:

Lowest commercial/DSCR rates for 5+ unit properties | Minimum $500k loan required

DSCR Mortgages Private Mortgages 30-YEAR FIXED | STARTING AT 6.49% | NOT ON CREDIT | LOW DOC AS SEEN ON:

While my DSCR lenders are offering terms much lower than industry average, they've all been on the rise. Get a quote while rates are still low 7's! timothyhero.com

My lowest rate lender today:

75% LTV, cash-out

1 pt: 6.83%
2 pts: 6.56%
3 pts: 6.3%

Industry average is around 7.1% with 1 pt.

timothyhero.com for a quote. | 30-year fixed | DSCR

Inflation numbers:

June: 9%
July: 8.5%
August: 8.3%

I said I wanted 3 consecutive months of reduced inflation numbers for me to become optimistic on rates. It's happened, but I still believe 8.3% is too high to justify lowering rates in the no-conventional sector.

Lenders may reduce .125 - .25% off this inflation report, but we're a long way from being back in the 5's.

timothyhero.com

Rates in the DSCR/non-qm sector are averaging 7% at the moment. This figure may sound unappealing if compared to last years lows, but if you compare it to where we were 3 months ago, it's a win.

timothyhero.com