Recently Funded DSCR Loan In Dolton, Illinois
Loan Scenario:
An experienced investor holding two rental properties turned to American Heritage Lending to refinance a single-family rental in Dolton, Illinois, replacing existing financing with a stable, long-term structure. Our DSCR loan qualified the property on its own cash flow — a strong 1.549 debt-service-coverage ratio — allowing the borrower to secure a 30-year rate-and-term refinance at 70% loan-to-value on a $180,000 appraised value with no tax returns or personal income documentation.
Dolton is a suburb on the southern edge of Cook County, just minutes from Chicago’s city limits and well-connected by the Bishop Ford Freeway and the Metra Electric line. Its affordability relative to the metro core and steady rental demand from commuters make it a dependable market for buy-and-hold investors seeking reliable monthly income.
With cash flow comfortably covering debt service, this refinance frees the borrower to keep building a rental portfolio across Illinois. Investors ready to leverage rental income the same way can get started with AHL financing.
Similar Recently Funded Case Studies: DSCR Loan in Rockford, IL • DSCR Loan in Mountain Home, ID • DSCR Loan in Killeen, TX
Key Deal Points
| Address | Dolton, IL |
| Loan Type | DSCR Rate & Term Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $180,000 |
| Loan Amount | $126,000 |
| Loan To Value (LTV) | 70% |
| DSCR | 1.549 |
| Loan Term | 30-Year |
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