What does our terms of use cover?
Terms governing use of the Simply Approved Mortgages DSCR site. Final eligibility, pricing, and terms are subject to a complete application, credit and property review, and full underwriting.
- Terms governing use of the Simply Approved Mortgages DSCR site.
- 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: 9/28/2026
By using this site you agree to these terms. Content is provided for informational purposes only and is not a commitment to lend, an offer of credit, or an application for credit under TILA or RESPA.
Who we are
Simply Approved Mortgages LLC is a licensed mortgage broker and is not a direct lender. We arrange loans through third-party wholesale lenders and investors. We do not fund, underwrite, or make credit decisions.
Business-purpose scope
The investor programs described on this site — including DSCR, foreign national, short-term rental, Section 8, bridge, construction, and fix-and-flip loans — are business-purpose loans secured by non-owner-occupied investment property. They are not for personal, family, or household use, and they are not available for a property you occupy as your residence. Availability varies by state, property, entity, and lender.
Rates, pricing, and calculators
All rates, APRs, points, credits, payments, and cost figures shown on this site — including anything produced by our rate center, calculators, or downloadable reports — are indicative estimates for the scenario entered. They are not locked, not guaranteed, and change frequently. Actual terms depend on a complete application, credit review, property valuation, entity documentation, lender guidelines in effect at the time, and final underwriting approval. Nothing displayed here creates any obligation for us or for any lender.
Estimates that rely on third-party data — rent, value, revenue, market, and public-agency data — are provided as-is. We do not warrant their accuracy and you should conduct your own due diligence.
Your use of the site
You agree to provide accurate information, to use the site only for lawful purposes, and not to scrape, copy, or reverse-engineer any part of it. Site content is our property or our licensors' and may not be reproduced without permission.
No professional advice
We are not a law firm, accounting firm, or investment adviser. Nothing on this site is legal, tax, accounting, or investment advice. Consult your own advisers before acting.
AI-assisted content and human review
Parts of this site are drafted or summarized with the assistance of artificial intelligence, including our on-site assistant. Material AI-assisted content is reviewed by a human before publication. Human review is a good-faith quality process — it is not a guarantee that any statement, figure, guideline, market fact, or AI response is accurate, complete, current, or applicable to your situation. AI output can be wrong, out of date, or misleading even after review. Nothing produced by AI on this site is a quote, an approval, advice, or a representation by us, and it must be independently verified with a licensed loan officer before you act on it.
No reliance; use at your own risk
Your access to and use of this site, its calculators, its reports, and any output is at your sole risk. You agree that you will not rely on this site as the basis for any purchase, refinance, offer, contract, investment, or other financial decision, and that you are solely responsible for your own due diligence and for verifying every material figure with the appropriate licensed professional. No client, fiduciary, advisory, agency, or lender-borrower relationship is created by using this site.
Limitation of liability
To the fullest extent permitted by law, the site and all content, tools, estimates, reports, and AI-assisted output are provided "as is" and "as available," without warranties of any kind, express or implied, including any implied warranties of merchantability, fitness for a particular purpose, accuracy, or non-infringement. Simply Approved Mortgages LLC and its owners, officers, employees, agents, contractors, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, exemplary, or punitive damages, or for any lost profits, lost revenue, lost opportunity, transaction costs, or investment losses, arising out of or relating to your use of or reliance on this site or anything it produces — including errors, inaccuracies, omissions, outdated data, third-party data, calculator results, or AI-assisted content, whether or not it was human-reviewed — whether the claim is based in contract, tort, negligence, strict liability, or any other theory, and even if we have been advised of the possibility of such damages. Where liability cannot be excluded, our total aggregate liability to you for all claims is limited to one hundred U.S. dollars ($100). Your sole and exclusive remedy for dissatisfaction with this site is to stop using it. Some jurisdictions do not allow certain exclusions or limitations, so parts of this section may not apply to you.
Indemnification
You agree to indemnify and hold harmless Simply Approved Mortgages LLC and its owners, officers, employees, agents, and affiliates from any claim, demand, loss, liability, or expense (including reasonable attorneys' fees) arising out of your use of this site, your reliance on any output, your breach of these terms, or your violation of any law or third-party right.
Changes
We may update these terms at any time. Continued use of the site means you accept the current version.
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.
Pick a loan type
You can change this any time.Tell us about your scenario
The form below is tailored to DSCR rental loan — only the questions your program needs.