Talk to a loan officer.
How do I reach a Simply Approved loan officer?
Contact the Simply Approved DSCR desk. Initial scenario review on complete applications — usually same business day. Formal pricing and terms follow underwriting. Final eligibility, pricing, and terms are subject to a complete application, credit and property review, and full underwriting.
- Contact the Simply Approved DSCR desk.
- Initial scenario review on complete applications — usually same business day.
- Every figure shown is an estimate for business-purpose investment property financing only — not an offer or commitment to lend.
- Simply Approved Mortgages is a licensed mortgage broker (NMLS #2620881), licensed for residential lending in Florida and Colorado and arranging business-purpose investor loans across our approved 37-jurisdiction footprint.
Contact us
Send your question or loan scenario below, or call (877) 813-7219. A loan officer will follow up.
Our Offices
Visit us by appointment, or reach us any time through the contact form. Simply Approved Mortgages arranges residential mortgage loans in Florida and Colorado only — office locations are not a representation of licensing in other states. Business-purpose investment property loans may be arranged in additional states where permitted.
Head Office
Simply Approved Mortgages LLC
633 W 5th St, Ste 2600Los Angeles, CA 90071NMLS #2620881
Florida Branch Office
Simply Approved Mortgages
1221 Brickell Ave, Suite 954Miami, FL 33131Branch NMLS #2688012 · Company NMLS #2620881
How We Evaluate This Scenario
A DSCR file is judged on the property, not your tax returns: qualifying rent divided by PITIA — principal, interest, taxes, insurance, plus HOA and flood where they apply. Most programs use the lesser of the in-place lease rent and the appraiser's market rent, so a lease signed below market usually caps the ratio no matter how strong the comps look.
Three inputs move the outcome more than anything else: rent support on the appraiser's rent schedule (Form 1007 or 1025), the LTV tier, and the credit tier. Dropping leverage by five points or moving up a FICO band frequently changes pricing more than shopping a different lender does.
Before you write an offer, price taxes and insurance at post-sale levels rather than the seller's current bill. In reassess-on-transfer states and in coastal insurance markets, that single adjustment is the most common reason a deal that penciled at contract fails the ratio at underwriting.
Reviewed by Simply Approved Mortgages · NMLS #2620881. Business-purpose investor lending only.