Instant Term Sheet for 1–4 Unit DSCR Loans
The Instant Term Sheet is a written term sheet for a business-purpose loan on a non-owner-occupied 1–4 unit investment property, priced against current wholesale rate sheets and emailed to you. You request it from your AI assistant through National Loan Provider's MCP server. Instant where the deal fits the programs; otherwise an answer within 24 hours.
Who is the Instant Term Sheet for?
Real estate investors with a deal in hand. A business-purpose loan on a non-owner-occupied 1–4 unit investment property.
- Business purpose only: the loan finances an investment, not a home.
- Non-owner-occupied: no borrower lives in the property.
- 1–4 units: a single-family home, a townhouse or condominium, or a two-to-four-unit residential building.
Owner-occupied properties, second homes and consumer-purpose loans are out of scope: a request that does not represent a business purpose, a non-owner-occupied investment property and the vesting as stated is answered as out of scope and not priced.
What does the Instant Term Sheet give you?
- A written term sheet on the property, priced against current wholesale rate sheets and emailed to the investor with the PDF attached and a private download link. Instant where the deal fits the programs; otherwise an answer within 24 hours.
- Both pricing options where the program allows them: Option A, the lowest rate, with Total origination paid by the borrower at closing; and Option B, no points, with Total origination paid by the lender and no origination due from the borrower.
- Discount points on their own line, never inside Total origination, where a program's best rate prices below par.
- Lender fees, prepayment terms, and the assumptions the terms rest on.
- An expiry printed on the term sheet: it is good until the rate sheet it was priced on expires, at most 7 days after that sheet was last confirmed. The download link expires with it.
- Where the deal does not fit a program instantly, the answer is "Written term sheet within 24 hours — rate, leverage, and structure." with each thing that could not be confirmed, and Dominick follows up by email.
National Loan Provider is a mortgage brokerage: it arranges, structures and places the loan with a lender whose program fits the deal, and it is not a lender.
What does “exception required” mean?
It means the deal did not fit a program instantly, and a person will write the terms instead. That happens when a program's guidelines turn on something the request left out or the rate sheet does not settle, when the property has more units than instant term sheets cover, or when instant pricing is paused. The answer is:
Written term sheet within 24 hours — rate, leverage, and structure.
It lists, in plain sentences, each thing that could not be confirmed, and Dominick follows up by email. An exception is not a decision on the deal: it means a person, not the tool, answers it.
How do I use it from Claude or ChatGPT?
Add National Loan Provider's Instant Term Sheet server to your assistant as a connector, then describe the deal. The assistant reads what the tool needs from instant_term_sheet_requirements, asks you for anything missing, and sends the request with request_instant_term_sheet.
https://dominickprevete.com/api/mcp/pricingIn Claude
- Open Settings, then Connectors, and choose Add custom connector.
- Name it Instant Term Sheet and paste the server URL below. No key or sign-in is needed.
- In a chat, turn the connector on and ask for a term sheet in your own words.
In ChatGPT
- Open Settings, then Apps & Connectors, and turn on developer mode under Advanced settings.
- Create a connector named Instant Term Sheet with the server URL below, with no authentication.
- In a chat, choose the connector from the tools menu and ask for a term sheet in your own words.
Menu names change from time to time; any assistant that connects to a remote MCP server over Streamable HTTP can use it. The server reports itself as Dominick Prevete: Instant Term Sheet.
What to say
Use the Instant Term Sheet tools to get me a term sheet. I'm buying a single-family rental at 12 Example Street, Columbus, OH 43215 in my LLC for $300,000 and want to borrow $225,000 on a 30-year fixed. It will rent for $2,400 a month; taxes are $4,200 a year and insurance $1,500. It's an investment property for business purposes, not somewhere I'll live. Email the term sheet to me.
Reviewer mode: a request whose email address is at example.com, example.org or example.net, or at a .test or .invalid domain, is priced and answered in full with a download link, but nothing is emailed and no lead is recorded.
What information should I have ready?
Everything the tool can take, as the request groups it. Your assistant will ask for what is required and leave out what you do not have; an optional detail left out can only send the deal to Dominick for review, never price it wrong.
You
- Name required
- The investor's full name.
- Email required
- Where the term sheet is emailed: a permanent address at a domain that receives email.
- Phone optional
- Optional: the investor's phone number. Accepted only with phoneConsent true.
- Consent to be contacted by phone optional
- Required with a phone number: true only when the investor agrees to be contacted, recorded with the number as National Loan Provider's form words it: "By checking this box, I expressly consent to being contacted by National Loan Provider & Dominick Prevete."
The property
- Property address required
- The property's street address on one line: street, city, state and ZIP.
- State required
- The property's state, as a two-letter code.
- County optional
- Optional: the county's five-digit FIPS code. Where a program restricts counties or cities, a request without it is confirmed by hand.
- Units required
- The number of units. Instant term sheets cover 1–4 units; a property with more is priced by hand.
- Property type required
- The property type: sfr is a detached single-family home, sfr_attached a townhouse or row house, multifamily a residential building of 2 or more units.
- Accessory dwelling units optional
- Optional: accessory dwelling units on the lot besides the main dwelling; 0 for none.
- Lot size optional
- Optional: the lot size, in acres.
- Condition rating optional
- Optional: the appraisal's condition rating, where one is known (C1 is new, C6 has substantial damage).
- Long-term or short-term rental optional
- Optional: long_term for a lease, short_term for nightly or weekly rentals. Left out, the rent is read as long-term.
The loan
- Loan purpose required
- purchase, rate_term (a rate-and-term refinance) or cash_out (a cash-out refinance).
- Loan amount required
- The loan amount requested, in dollars.
- Purchase price optional
- Required for a purchase, and only for a purchase: the contract price, in dollars.
- Estimated value required
- The property's estimated or appraised value, in dollars. Leverage is measured on the lower of this and the purchase price.
- Other financing that stays optional
- Optional: other financing that stays on the property, in dollars; 0 for none.
- Product optional
- Optional: the product to lead with. Left out, the 30-year fixed.
- Prepayment penalty term optional
- Optional: the prepayment penalty term the investor wants, in months; 0 for none. One of 0, 6, 12, 24, 36, 48, 60.
- Prepayment penalty structure optional
- Optional: the prepayment penalty's structure: fixed_5 (5% for the full term), fixed_3 (3% for the full term), declining (steps down over the term) or six_months_interest (six months' interest on the amount prepaid).
- Payoff of existing liens optional
- Refinances only, optional: the payoff of the liens the loan retires, in dollars. With the loan amount it gives the cash to the borrower at closing.
The borrower
- Credit score optional
- The borrower's representative credit score. Where there is none, leave it out and set noScore to true.
- Without a credit score optional
- true where the borrower does not have a credit score. Never given with fico.
- Citizenship or residency required
- The borrower's citizenship or residency: us_citizen, permanent_resident, non_permanent_resident, foreign_national or itin.
- Vesting required
- How title will vest: entity (an existing entity), entity_to_be_formed (an entity formed before closing) or individual (the borrower's own name).
- Credit events required
- The borrower's credit events: bankruptcy, foreclosure, short sale or deed in lieu. An empty object where there have been none.
- Months since the most recent credit event optional
- Months since the most recent credit event of any kind (bankruptcy, foreclosure, short sale, deed in lieu); null for none.
- Months since a bankruptcy optional
- Months since the latest bankruptcy was discharged or dismissed; null for none.
- Months since a foreclosure optional
- Months since the latest foreclosure completed; null for none.
- A foreclosure on this property optional
- Whether a foreclosure was on this property.
- Refinancing out of a pending foreclosure optional
- Whether the loan refinances this property out of a pending foreclosure.
- Days past due on this property's mortgage optional
- Optional, for a refinance: how many days past due this property's mortgage is now; 0 when current.
- Where the credit is established optional
- Optional: us_credit or foreign_credit, where the borrower's credit history is established.
- Mortgage payment history optional
- Optional: the borrower's mortgage payment history over the last 12 months: clean, 1x30x12, 0x60x12 or 0x90x12.
- Investment experience optional
- Optional: experienced (the borrower has owned investment property) or first_time_investor.
Rent and carrying costs
- Monthly rent required
- The property's gross monthly rent, in dollars: the lease, or the market rent.
- Annual property taxes required
- Annual property taxes, in dollars.
- Annual insurance required
- Annual hazard insurance premium, in dollars.
- Monthly HOA dues optional
- Optional: monthly HOA dues, in dollars; 0 for none.
- Annual flood insurance optional
- Optional: annual flood insurance premium, in dollars. Left out, none.
Your three representations
- Business purpose required
- true only if the investor confirms the loan is for a business purpose.
- Non-owner-occupied investment property required
- true only if the investor confirms the property is a non-owner-occupied investment property: not the borrower's residence.
- Title vests as stated required
- true only if the investor confirms title will vest as the vesting field says.
What happens to my details?
The name, email address, optional phone number and property address are used to send the term sheet and for Dominick's follow-up on it. A phone number is kept only with the investor's consent.
The request and the term sheet are kept on file for that follow-up. The term sheet's link is private and expires with the term sheet. Requests are limited each day per source, per email address, and overall. See the privacy policy.
The disclosure every term sheet carries
National Loan Provider (NLPI LLC) is a mortgage brokerage. It arranges, structures and places business-purpose financing across 100+ third-party lenders; it is not a lender and does not make credit decisions. This term sheet is indicative. It is not a commitment to lend or an offer of credit, and it is not an underwriting assessment of the borrower, the property or the transaction. Financing is business-purpose investor financing only; National Loan Provider does not arrange financing on owner-occupied residential properties or primary residences. The date of the rate sheet these terms are based on is stated under Assumptions.
Send the deal to Dominick directly.
Written term sheet within 24 hours — rate, leverage, and structure.
A term sheet is non-binding and subject to underwriting, appraisal and full diligence; what the 24-hour window buys is a real written structure from a lender that fits, not a ballpark. No fee, and no hard credit pull to find out.