Recently Funded DSCR Loan In Battle Creek, Michigan
Loan Scenario:
An experienced investor looking to unlock equity from a Battle Creek, Michigan duplex turned to American Heritage Lending for a cash-out refinance — and we delivered it as a True Zero Point Loan, putting more capital in the borrower’s pocket at closing with no points paid. The two-unit property appraised at $250,000 and supported a 1.115 debt-service coverage ratio, allowing us to structure a $187,500 DSCR loan at 75% loan-to-value on a 30-year term.
Pulling tax-efficient cash out of a performing rental while locking in a long-term fixed payment is one of the most powerful moves in a buy-and-hold playbook — and the zero-point structure meant the borrower kept every dollar of that equity working.
Battle Creek, home to Kellogg’s world headquarters and a stable manufacturing base between Kalamazoo and the I-94 corridor, remains a dependable small-multifamily market where duplexes command consistent tenant demand at an affordable basis. That reliability is what let this deal cash-flow above break-even even after a cash-out. Investors across Michigan can tap their equity with financing from our team.
Similar Recently Funded Case Studies: DSCR Loan in Inkster, MI • DSCR Loan in Milwaukee, WI • DSCR Loan in Hartford, CT
Key Deal Points
| Address | Battle Creek, MI |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | 2 Units |
| Appraised Value | $250,000 |
| Loan Amount | $187,500 |
| Loan To Value (LTV) | 75% |
| DSCR | 1.115 |
| Loan Term | 30-Year |
| Loan Structure | True Zero Point Loan |
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