Our Lending Process
FAST, SIMPLE AND EFFICIENT
As a national leader in DSCR financing, CapSource has perfected and streamlined the lending process. Our refined approach enables us to deliver rapid turnaround times and flexible loan structures, supported by seamless access to our broker and investor portals. From our intuitive pricing calculators to real-time loan tracking, we provide the tools you need to manage your portfolio efficiently. Throughout the journey—from application to funding—a dedicated CapSource specialist is with you every step of the way. Explore our step-by-step guide to see how we’ve simplified the path to securing your DSCR loan.
Begin Your Application and Submit Initial Documentation
"To determine your eligibility and financing terms, CapSource will review your loan application and supporting documentation. During this stage, we will also initiate a preliminary background check and coordinate your property appraisal.
How to avoid delays
- Please provide precise estimates for property value, rental income, and credit scores. Final loan terms are subject to change if actual verified data differs from your initial estimates.
- Ensure your government-issued ID is current and will remain valid through the duration of the funding process.
- Account Executives
- QC Specialist
- Underwriter
- Servicing
- Closer
- Processor
About: The Application
Our loan application helps determine if you qualify for the requested loan. It includes five sections:
- Personal information
- Loan details
- Property information
- Business strategy
- Summary
You’ll complete and apply online. Once finished, we’ll send you a DocuSign version for signing.
About: Credit Report Pull
Loan terms and eligibility at CapSource are based on your credit history and professional experience. To qualify, a minimum median credit score of 680 is required. Our team analyzes reports from the three primary credit bureaus, along with the depth and maturity of your tradelines, to verify your credit experience. If you are financing through a corporate entity, we will review the credit of the Primary Guarantor (PG), who should be the individual most involved with the subject property.
About: Borrower’s Authorization
To move your loan forward, CapSource will request a signed borrower’s authorization form. This standard industry document empowers our team to verify your loan details and coordinate directly with third parties for items like mortgage payoffs.
About: Primary ID
CapSource requires at least one form of valid, unexpired government-issued photo identification. Acceptable primary documents include:
- State-issued driver's license or identification card
- U.S. Passport or a valid foreign passport
- U.S. Military ID card
- Permanent Resident (Green Card) with a photograph and nationality verification
CapSource may request a secondary form of identification to complete your file. This may be a second item from the list above or one of the following:
- Marriage license
- Current utility bill (matching the applicant's address)
- Social Security card
- Medical or insurance card
About: Purchase Contract
"For purchase transactions, CapSource requires a fully executed purchase contract, including all initials and signatures from both the buyer and seller. It is essential that the vesting information matches the buyer listed on the contract exactly. Any discrepancies in the buyer’s name or adjustments to the purchase price will necessitate a formal addendum.
To support our 30-day closing goal, the purchase contract must have a minimum of 30 days remaining at the time of submission. If the contract expires in fewer than 30 days, a signed extension will be required. Furthermore, the individual signing on behalf of the buyer must have the legal authority to bind the entity or individual.