Answers brokers need before submitting a scenario.
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Eligible states
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Steel Root Capital works across a 25+ state footprint. Eligibility depends on product, borrower profile, property type, and current capital partner guidelines.
What are current turn times?
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Standard scenarios may receive terms in 24-48 hours. Standard DSCR files can close in as little as two weeks when documentation is complete.
What is the minimum loan size?
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Minimums vary by product. Submit a scenario or request a rate sheet for current product-specific guidance.
What is the maximum loan size?
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Portfolio loans may reach up to $6.25M aggregate loan size. Multifamily DSCR may reach up to $3M loan amounts. Other products are scenario dependent.
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Are foreign nationals eligible?
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Foreign nationals are eligible under qualifying DSCR scenarios, subject to documentation, reserves, entity, and program requirements.
What entity types are accepted?
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We close loans in LLC, Corporation, and qualifying Trust structures. Individual borrowers are considered case-by-case. Entity lending is standard across all programs.
How does the portfolio / blanket loan work?
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Our DSCR Portfolio & Blanket program cross-collateralizes up to 25 properties in a single loan up to $6.25M aggregate. A partial release option is available at 120% of the allocated loan amount per property.
Are multifamily properties eligible?
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Yes. Our Ground-Up Construction program finances new construction for experienced builders up to 75% LTC with permits in hand, with 100% of the construction budget covered. Permanent DSCR financing is available upon stabilization.
How does broker compensation work?
Broker compensation is disclosed and protected upfront. We operate as a wholesale lender through broker relationships. Compensation is confirmed in the term sheet and paid at closing. We do not compete with our broker partners.
Do you re-trade terms at closing?
No. We do not re-trade approved terms. The rate lock we issue is the rate we close at. This is a non-negotiable operating principle of the firm.
What is a DSCR loan?
DSCR stands for Debt Service Coverage Ratio. A DSCR loan qualifies the borrower based on the income-producing capacity of the property rather than personal income. This makes it ideal for real estate investors operating through entities.