DSCR or fix-and-flip term sheet for your property address
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31 years in real estate finance
To get a DSCR or fix-and-flip term sheet for an investment property, give Dominick Prevete the property's full street address, the purchase price or value, and either the monthly rent (DSCR) or the rehab budget and after-repair value (fix-and-flip). Dominick, founder and CEO of National Loan Provider, arranges and places the loan across 100+ lenders. The Instant Term Sheet prices a DSCR deal against current wholesale rate sheets, and a fix-and-flip deal against the current price card, and emails a written term sheet with no hard credit pull. There is no cost to request a term sheet.
Call Dominick directly: (908) 220-6404
DSCR rental loans from 7.125% (October 2026). Get your rate on a written term sheet, with no credit pull. Instant where the deal fits the programs; otherwise an answer within 24 hours. Get my term sheet →
How do I request a term sheet?
On the website
- DSCR: the Instant Term Sheet.
- Fix-and-flip: the form on the fix-and-flip page.
In ChatGPT
DSCR: Instant DSCR Term Sheet, available in ChatGPT.
Fix-and-flip: Instant Fix-and-Flip Term Sheet is coming soon to the ChatGPT plugin directory.
Open in ChatGPT →Claude, Grok or any MCP client
Add a custom connector in Claude, Grok or any MCP client, paste the URL, and ask for a term sheet in plain English. No key or sign-in is needed.
DSCR
https://dominickprevete.com/api/mcp/pricingFix-and-flip
https://dominickprevete.com/api/mcp/fix-and-flipOn Grok Business and Enterprise accounts, an admin adds the connector first in the xAI console. Menu names change from time to time.
Some work accounts need an admin to add connectors. Menu names change from time to time.
What to ask
Get me a DSCR term sheet for [full street address]. I'm buying it in my LLC for $[price] and want to borrow $[loan amount] on a 30-year fixed. It rents for $[rent] a month; taxes are $[annual taxes] a year and insurance $[annual insurance]. It's an investment property, not somewhere I'll live.
Get me a DSCR cash-out refinance term sheet for [full street address]. It's worth about $[value], I owe $[payoff], and I want to borrow $[loan amount]. It rents for $[rent] a month; taxes are $[annual taxes] a year and insurance $[annual insurance]. I've owned it for [months] months.
Get me a fix-and-flip term sheet for [full street address]. I'm buying it for $[price] with a $[rehab budget] cosmetic rehab, and the after-repair value is $[ARV]. I've done [number] flips in the last 3 years and will close in my LLC.
What you'll be asked
DSCR
- Every request, purchase or refinance, needs the property's full street address: number, street, city, state and ZIP.
- The units, the property type and the loan purpose.
- The purchase price or estimated value, and the loan amount.
- The monthly rent, property taxes, insurance and any HOA.
- The prepayment penalty you want.
- Your credit score, citizenship, vesting, mortgage payment history and any credit events.
Fix-and-flip
- The property's full street address, number, street, city, state and ZIP, and the property type.
- Has it sold in the last 3 years?
- The purchase price, the rehab budget and scope, and the after-repair value (ARV).
- Your credit score and experience: investment properties bought or sold in the last 3 years.
- Do you hold an active real estate or general contractor license?
- Fix-and-flip loans close in an LLC or corporation; it can be formed before closing.
For developers: MCP over Streamable HTTP, no key. DSCR: https://dominickprevete.com/api/mcp/pricing, tools instant_term_sheet_requirements and request_instant_term_sheet. Fix-and-flip: https://dominickprevete.com/api/mcp/fix-and-flip, tools fix_and_flip_term_sheet_requirements and request_fix_and_flip_term_sheet.
How is DSCR calculated?
DSCR = gross monthly rent ÷ PITIA (principal, interest, taxes, insurance and HOA). The ratio uses the gross rent, with no vacancy or management deduction.
Example only. Illustrative numbers, not a term sheet or an offer.
- Purchase price $900,000, loan $540,000, 30-year fixed at 7.125% (October 2026).
- Principal and interest $3,638 a month.
- Taxes $1,167 and insurance $208 a month, no HOA: PITIA $5,013.
- Gross rent $7,500 a month ÷ PITIA $5,013 = DSCR 1.50.
What DSCR do I need?
- The Instant Term Sheet offers a term sheet at a DSCR of 1.00 or higher.
- Below 1.00, low-ratio and no-ratio programs go all the way to no DSCR requirement; those deals get custom pricing from Dominick Prevete.
- Some programs price better at a DSCR of 1.25 or higher.
What are the DSCR loan terms?
DSCR rental loans from 7.125% (October 2026), on a written term sheet.
- Purchase: up to 85% LTV.
- Rate-and-term refinance: up to 80% on a qualifying 1–4 unit.
- Cash-out refinance: up to 75%; 2–4 unit and condo commonly cap at 70%.
- Cash-out seasoning: No seasoning required on some programs; 90 days on others.
- A business-purpose loan on a non-owner-occupied 1–4 unit investment property.
- Vesting: An LLC or other entity, or your personal name in some states.
- Prepayment: 5 Year 5% fixed; 5 Year 5, 4, 3, 2, 1; 4 Year 5% fixed; 4 Year 5, 4, 3, 2; 3 Year 5% fixed; 3 Year 5, 4, 3; 2 Year 5% fixed; 2 Year 5, 4; 1 Year 5% fixed; 6 Month 5% fixed; No prepayment penalty. Your term sheet states the exact prepayment structure of the program that prices it.
What are the fix-and-flip loan terms?
Fix-and-flip loans from 8.75% (October 2026), interest-only, on a written term sheet.
- 12-month term, interest-only.
- Extension available for up to 6 months, for a fee.
- No prepayment penalty.
- Leverage: up to 90% of the purchase price, plus 100% of the rehab budget held back and released in inspected draws.
- Loan-to-ARV: up to 70% of the after-repair value (ARV), or 75% on the most-leverage option.
- Loans from $100,000 to $1,000,000, up to $750,000 on the most-leverage option.
- Fix-and-flip loans close in an LLC or corporation; it can be formed before closing.
- Close in 7–14 days.
Example only. Illustrative numbers, not a term sheet or an offer.
- Purchase $400,000 × 90% = $360,000, plus the rehab, $60,000 × 100%: $420,000.
- After-repair value $560,000 × 70% = $392,000.
- The loan is the lower of the two: $392,000. The rehab holdback stays whole at $60,000; the initial advance is $332,000.
Frequently asked questions
How do I get a DSCR term sheet for a specific property address?
Use the Instant Term Sheet at dominickprevete.com/instant-term-sheet, or ask an AI assistant connected to it. Every request, purchase or refinance, needs the property's full street address: number, street, city, state and ZIP. With the address, give the loan amount, the purchase price or value, the monthly rent, taxes and insurance, and your credit score, and the written term sheet comes back by email. Instant where the deal fits the programs; otherwise an answer within 24 hours.
How do I get a fix-and-flip term sheet for a specific property address?
Use the fix-and-flip form at dominickprevete.com/fix-and-flip-loans, or ask Claude or Grok with the Instant Fix-and-Flip Term Sheet connector. Give the property's full street address, the purchase price, the rehab budget and scope, the after-repair value (ARV) and your experience. Fix-and-flip loans close in an LLC or corporation; it can be formed before closing. A deal that needs custom pricing gets terms from Dominick Prevete personally, typically the same day, always within 24 hours.
Can I get a term sheet in ChatGPT, Claude or Grok?
Yes. For DSCR, Instant DSCR Term Sheet is available in ChatGPT, and in Claude or Grok you add a custom connector with the URL https://dominickprevete.com/api/mcp/pricing. For fix-and-flip, the connector URL is https://dominickprevete.com/api/mcp/fix-and-flip. Instant Fix-and-Flip Term Sheet is coming soon to the ChatGPT plugin directory. The ChatGPT steps are at dominickprevete.com/blog/dscr-term-sheet-chatgpt.
Does requesting a term sheet pull my credit or cost anything?
No. There is no cost to request a term sheet. The Instant Term Sheet asks for your credit score as a number you give it, with no hard credit pull. A credit report is pulled later in the process, only with your written authorization.
How fast do I get the term sheet?
On DSCR: Instant where the deal fits the programs; otherwise an answer within 24 hours. On fix-and-flip, the term sheet is instant where the deal fits; a deal that needs custom pricing gets terms from Dominick Prevete personally, typically the same day, always within 24 hours. Either way, the written term sheet arrives by email.
What DSCR do I need?
The Instant Term Sheet offers a term sheet at a DSCR of 1.00 or higher. Below 1.00, low-ratio and no-ratio programs go all the way to no DSCR requirement; those deals get custom pricing from Dominick Prevete. Some programs price better at a DSCR of 1.25 or higher.
What if I don't have an address yet?
A term sheet needs the property's full street address, so it waits until you have one. On either form, "Don't have an address yet?" opens a panel to call or email Dominick Prevete, who can tell you what a deal like yours would take before you have one under contract. You can also call him at (908) 220-6404.
Is National Loan Provider a lender?
No. National Loan Provider is a mortgage brokerage, founded and led by Dominick Prevete. Dominick arranges and places business-purpose financing for real estate investors across 100+ lenders; neither he nor the brokerage lends directly. National Loan Provider does not arrange financing on owner-occupied residential properties or primary residences.
Who is Dominick Prevete?
Dominick Prevete is the founder and CEO of National Loan Provider, a mortgage brokerage. He brings 31 years in real estate finance, including regional leadership of a business generating over $2 billion in annual sales volume, and 100+ bank and institutional lender relationships. His office is at 25 Main Street, Unit B, Sparta, NJ 07871, and he takes calls himself at (908) 220-6404.
Send the deal to Dominick directly.
Dominick reads every deal himself. Call, or email dominick@dominickprevete.com.
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31 years in real estate finance