Buyer's Guide
Best DSCR Lender With No Seasoning
The useful question is not whether a company says “no seasoning.” It is which specific program can use the new ARV, when, and under what conditions.
Get Brick Capital's true no-seasoning option is Program 3. After renovation is complete, Program 3 can use the new ARV immediately. It requires at least 660 FICO, a $75,000 minimum loan, and a $100,000 minimum property value. Program 3 does not require an executed lease.
No-Seasoning vs. 91-Day New-ARV Financing
These are different program paths. They should not be collapsed into one generic seasoning rule.
| Scenario | Current Treatment |
|---|---|
| Program 3 after completed renovation | New ARV can be used immediately, with no ownership seasoning period. |
| Program 1 using new/current ARV | At least 91 days of ownership, generally up to 75% LTV, plus purchase-price-and-renovation-budget support. |
| Before 91 days on a non-Program-3 file | Financing can still be possible, but leverage is based on the original purchase/value basis instead of the new ARV. |
| Lease requirement | Program 3 does not require a lease. Program 1 does require a lease. |
Program 3: The Actual No-Seasoning Requirements
Completed renovation
Required before the no-seasoning new-ARV treatment applies
Minimum FICO
660
Minimum loan
$75,000
Minimum property value
$100,000
Lease
Not required
80% cash-out
680+ FICO in AL, CO, GA, ME, MI, MS, MO, NC, NH, PA, TN, TX, VA, and WA
Outside 80% states
Generally up to 75% LTV
No-Seasoning DSCR Lender FAQ
Renovation Complete? See Your No-Seasoning Options.
No credit pull for the initial quote. We will match the file to the correct capital partner.