Disclaimers
What does our disclaimers cover?
Important disclaimers about DSCR and business-purpose loan estimates, calculators, AI-assisted content, and this website. Final eligibility, pricing, and terms are subject to a complete application, credit and property review, and full underwriting.
- Important disclaimers about DSCR and business-purpose loan estimates, calculators, AI-assisted content, and this website.
- 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.
Last updated: September 28, 2026
Government affiliation
Simply Approved Mortgages is not affiliated with, endorsed by, or acting on behalf of the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA), the Consumer Financial Protection Bureau (CFPB), Fannie Mae, Freddie Mac, or any other government agency. HUD data reproduced on this site (such as Fair Market Rents, income limits, or census-tract designations) is published by HUD and is used for educational purposes only.
Broker, not a lender
Simply Approved Mortgages LLC (NMLS #2620881) is a licensed mortgage brokerage, not a direct lender. Loans described on this site are originated, underwritten, and funded by third-party wholesale lenders and investors. Wholesale lender names, rate sheets, and credit matrices are not published on this site.
Not an offer of credit
Nothing on this website is a commitment to lend or an offer of credit. All financing is subject to a completed application, credit and property review, appraisal where required, verification of information, lender requirements, and full underwriting. Rates, fees, leverage limits, program guidelines, and product availability change without notice.
Business-purpose lending only
DSCR, HELOC, bridge, fix-and-flip, construction, portfolio, and the other programs described on this site are business-purpose loans secured by non-owner-occupied investment property. They are not available for owner-occupied, primary-residence, second-home, or personal, family, or household purposes, and are generally exempt from TILA/RESPA consumer-mortgage disclosure requirements. Requests submitted through this site are pre-qualification requests, not loan applications under TILA/RESPA, and do not trigger a Loan Estimate.
Borrower obligations
Borrowers remain responsible for property taxes, insurance, HOA dues, maintenance, required reserves, and all other obligations under the loan documents. Failure to meet those obligations may result in default and foreclosure. Investment property carries risk, including vacancy, tenant non-payment, expense increases, and changes in property value.
Calculators, pricing tools, and estimates
Our DSCR pricing tool, HELOC pricing tool, and investor calculators (DSCR, BRRRR, cap rate, cash-on-cash, ARV, and others) are educational, illustrative planning tools based on the inputs you provide and modeled assumptions. Results are not quotes, approvals, appraisals, rent certifications, or commitments to lend, and no figure shown should be relied upon as a promise. Rent, value, and market data drawn from third-party or public sources are estimates, not appraisals or lease verifications.
Rate and pricing displays
Any rate, payment, or pricing scenario shown reflects a specific set of assumptions at a specific point in time and is subject to change without notice. Payment figures shown are principal and interest only and exclude taxes, insurance, HOA dues, and other escrowed or property-level costs. Your actual pricing depends on credit, property, occupancy, lease status, leverage, reserves, entity structure, state, and lender guidelines.
Not tax, legal, or investment advice
Information on this site is educational and general in nature. It is not tax, legal, accounting, or investment advice, and no content here is a recommendation to buy, sell, or hold any property or security. Consult a qualified tax advisor, attorney, and licensed professional about your specific situation.
Examples and scenarios
Any deal examples, case studies, or scenarios on this site are illustrative. Your results will depend on your property, market, credit profile, lease terms, and the program you qualify for.
Third-party content
Links to third-party websites (HUD, CFPB, NMLS Consumer Access, data providers, and others) are provided as a convenience. We do not endorse and are not responsible for content on those sites.
Consent to be contacted (TCPA)
When you submit our pre-qualification form, a calculator lead form, or any contact form, you provide express written consent for Simply Approved Mortgages and its agents to contact you at the phone number(s) and email address(es) you provide — including your wireless number — by live call, prerecorded or artificial voice, SMS/MMS text, email, and AI-assisted voice, chat, and follow-up, even if your number is on a Do Not Call registry. Consent is not a condition of any purchase or of obtaining credit. You may opt out at any time by replying STOP to SMS, clicking unsubscribe in any email, using our contact form, or calling (877) 813-7219. Message and data rates may apply. See our Privacy Policy for details.
AI-assisted content and human review
Portions of this site, including our chat assistant and some written content, may be produced or assisted by artificial intelligence. AI tools can make mistakes, produce outdated figures, or misunderstand your situation. AI output is not a source of truth, is not a representation or promise by Simply Approved Mortgages, and is never a substitute for a licensed loan officer or qualified professional. Material AI-assisted content is held for human review before publication, but human review is a good-faith process, not a guarantee. The only reliable figures are those provided to you directly in writing by a licensed loan officer.
Use at your own risk
Your use of this site and its tools is at your sole risk. All content is provided "as is" and "as available" without warranties of any kind. Nothing on this site creates a client, advisory, or lender-borrower relationship, and decisions made in reliance on this site are made at your own discretion and risk.
Limitation of liability
To the maximum extent permitted by law, Simply Approved Mortgages LLC and its officers, employees, agents, and affiliates shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or any loss of profits, revenue, data, or use, arising out of or relating to your use of this site, our tools, or any information provided — including errors, inaccuracies, or omissions in any content, calculator output, estimate, or AI-assisted material, whether or not reviewed — whether based in contract, tort, strict liability, negligence, or otherwise. Your sole remedy for dissatisfaction with this site is to stop using it. Some jurisdictions do not allow certain limitations, so portions of this limitation may not apply to you.
Equal Housing Opportunity
Simply Approved Mortgages is an Equal Housing Opportunity brokerage. We do business in accordance with the Federal Fair Housing Act and the Equal Credit Opportunity Act.
Contact us
- Phone: (877) 813-7219
- Online: contact form
- Business phone: (877) 813-7219
Simply Approved Mortgages LLC | NMLS #2620881
Florida Branch Office (Miami, FL) | Branch NMLS #2688012
Florida Mortgage Broker License #MBR7685 | Colorado Mortgage Company Registration
Business Phone: (877) 813-7219
Broker identification. Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We arrange loans with third-party wholesale lenders; we do not make the lender's final credit decision or fund the loan. We arrange residential mortgage loans in Florida and Colorado. Business-purpose loan products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.
Business-purpose use. DSCR and other investment-property loan products described on this site are intended for business-purpose, non-owner-occupied real estate transactions and are not intended for the purchase or refinance of a borrower's primary residence. Borrowers are responsible for accurately disclosing occupancy and intended use. Business-purpose loans may not receive all disclosures or protections that apply to consumer-purpose residential mortgage loans; documents and disclosures applicable to a particular transaction will be provided as required by law.
Credit and program terms. All loans are subject to lender credit approval, underwriting, acceptable appraisal or valuation, title review, insurance, and supporting documentation. Eligibility, programs, rates, points, fees, payments, terms, loan amounts, leverage, and availability may vary by borrower, guarantor, property, occupancy, credit profile, loan-to-value ratio, debt-service coverage ratio, lender, and state, and may change without notice. Not all applicants, properties, products, or programs will qualify or be available in every state. No information on this site constitutes a loan approval, rate lock, offer, commitment to lend, or guarantee of terms or closing.
Illustrations and calculators. Rates, payments, property values, rents, cash flow, loan amounts, closing costs, and other calculator or scenario results are estimates for educational and illustrative purposes only. Actual results may differ. Taxes, insurance, association dues, reserves, lender charges, broker compensation, third-party costs, prepayment provisions, and other transaction terms may apply. Complete terms and applicable compensation will be disclosed in the transaction documents required for the specific loan. Nothing on this site constitutes an appraisal or a guarantee of value, rent, occupancy, income, savings, investment performance, or future results.
No professional advice. Site content is general information and is not legal, tax, accounting, financial, or investment advice. Borrowers and investors should conduct their own due diligence and consult qualified professionals regarding their circumstances and the legal, tax, financial, and investment consequences of a transaction.
Fair lending. Equal Housing Opportunity. Simply Approved Mortgages LLC conducts business in accordance with applicable federal and state fair-housing and equal-credit-opportunity laws and does not discriminate on any prohibited basis.
Government and third-party content. Simply Approved Mortgages LLC is not affiliated with or endorsed by HUD, FHA, VA, USDA, or any other government agency. References and links to government data, agencies, third-party websites, lenders, products, or services are provided for information or convenience and do not imply approval, sponsorship, or endorsement. We do not control and are not responsible for third-party content, availability, accuracy, or privacy practices.
NMLS Consumer Access: Verify Simply Approved Mortgages LLC, 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.
Get your personalized investor loan quote
Pick the loan type that fits your deal and complete a short, tailored pre-qualification. A licensed loan officer follows up with an initial scenario review once we have your credit authorization and supporting documents — usually the same business day. Formal pricing and terms follow underwriting.
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The form below is tailored to DSCR rental loan — only the questions your program needs.