Can investors pull cash with a DSCR second lien?

Yes — DSCR HELOCs and closed-end seconds let investors access equity without refinancing a low-rate first mortgage, subject to combined LTV and rental cash-flow tests.

Does the second lien also use DSCR qualification?

Usually yes — the property’s rent must support the combined or second-lien payment per the investor’s program. Personal income is often not the primary qualifier.

Investor & Bridge

DSCR

DSCR 2nd Lien / HELOC

Name: Elite Fundings — California Mortgage Team
Address: 552 E Badillo St, Covina, CA, 91723, US
Telephone: (626) 833-7449
Price range: $$

HELOC or fixed second lien on an investment property, qualified on DSCR.

Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.

Apply for this program (626) 833-7449

680

Min FICO

dscr

Docs

Ideal borrower

Investors preserving low-rate first mortgages on rentals.

Program highlights

HELOC or fixed 2nd
Up to 85% CLTV
Preserves low-rate first mortgage

Typical uses

Equity extraction without refi of first

Frequently asked questions

Can investors pull cash with a DSCR second lien?: Yes — DSCR HELOCs and closed-end seconds let investors access equity without refinancing a low-rate first mortgage, subject to combined LTV and rental cash-flow tests.
Does the second lien also use DSCR qualification?: Usually yes — the property’s rent must support the combined or second-lien payment per the investor’s program. Personal income is often not the primary qualifier.

Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.