No ke aha e koho ai i kahi hōʻaiʻē CES i hoʻopaʻa ʻia e DSCR no nā ʻāina noho ʻole ʻia.

Loaʻa i nā mea hoʻopukapuka waiwai e ʻimi ana i nā hōʻaiʻē ʻaʻole nona ka waiwai i loko o ka Closed-End Second (CES) Loan, ʻoi aku ka maikaʻi ke hoʻohana i ka Debt Service Coverage Ratio ().DSCR). ʻO kēia mau hōʻaiʻē e pili ana i ka waiwai e ʻoi aku ka nui o ka loaʻa kālā hoʻolimalima ma mua o ke kālā pilikino, e hāʻawi ana i ka maʻalahi no ka hōʻaiʻē kālā. Eia ke kumu he koho maikaʻi loa nā hōʻaiʻē CES no nā waiwai hoʻopukapuka a pehea lākou e hana ai.

ʻO ka hōʻaiʻē CES kahi moraki lua me kahi manawa paʻa, kūpono no ke kālā kālā ʻana i nā waiwai i noho ʻole ʻia me ka ʻole o ka hoʻokahe ʻana i nā waihona pilikino. Ma ka hoʻohana ʻana i ka DSCR no ka hoʻokō ʻana, loiloi ka poʻe hāʻawi kālā i ka loaʻa kālā hoʻolimalima o ka waiwai me kāna ʻaiʻē a pau, me nā moraki ʻelua. Hoʻokaʻawale ka Debt Service Coverage Ratio i nā uku hoʻolimalima makahiki ma nā kuleana aie (ke kumu, ka ukupanee, nā ʻauhau, a me ka inikua). ʻO kahi DSCR o 1.2, no ka laʻana, ʻo ia ka mea e hoʻonui ai ka waiwai i 20% o ka loaʻa kālā ma mua o ka mea e pono ai, e hōʻoiaʻiʻo ana i nā mea hāʻawi kālā no ka hāʻawi kālā.

ʻO ka hiʻohiʻona hōʻoia kālā ʻole he mea kū. Inā ʻoe e hana ponoʻī a i ʻole he nui nā unuhi, ʻaʻole koi nā hōʻaiʻē CES i nā stubs uku a i ʻole nā ​​​​hoʻihoʻi ʻauhau. Ke loiloi nei kēia ʻano hōʻaiʻē waiwai i nā hoʻolimalima makeke a i ʻole nā ​​ʻaelike hoʻolimalima, e hoʻomāhuahua ana i ka ʻae. Eia kekahi, loaʻa nā hōʻaiʻē CES i nā ʻāina ʻē, e hiki ai i nā mea hoʻopukapuka kālā ke hoʻolimalima kālā i nā hoʻolimalima US. Hiki i kahi lāhui ʻē me kahi triplex e hāʻawi ana i $6,000 i kēlā me kēia mahina ke kūpono i kahi hōʻaiʻē Closed-End Second Loan me kahi DSCR ikaika, ʻaʻohe kālā US e pono ai.

ʻO nā koho Piggyback ok e ʻoi aku ka maikaʻi o nā hōʻaiʻē CES. Hiki i nā mea hoʻolale kālā ke hoʻopaʻa i kahi hōʻaiʻē Closed-End Second Loan me kahi moraki mua e uhi i ka 85% o ka waiwai o kahi waiwai, e hōʻemi ana i nā uku. No kahi waiwai hoʻopukapuka he $400,000, hiki i kahi hōʻaiʻē mua ke uhi i $300,000, me kahi hōʻaiʻē CES e loaʻa kālā he $80,000, e waiho ana he $20,000 mai ka ʻeke. ʻO kēia pWaihonas kapikala no ka hana hou ʻana a i ʻole ka loaʻa hou ʻana.

ʻOiai hāʻawi nā hōʻaiʻē CES i hoʻokumu ʻia e DSCR i nā pōmaikaʻi, lawe lākou i ka uku ukupanee kiʻekiʻe ma mua o nā moraki mua, a hiki i nā mea hōʻaiʻē ke kaupalena iā CLTV e mālama i ka pilikia. Pono nā mea hoʻolale kālā e mālama i ka hana hōʻaiʻē ikaika ʻole o ka mea nona, no ka mea, hiki i nā hakahaka ke hoʻohaʻahaʻa i ka DSCR. ʻO ke koho ʻana i nā hoʻolimalima kiʻekiʻe e hoʻemi i kēia, e hōʻoia ana i ka kūleʻa o ka hāʻawi kālā. Me ka loaʻa ʻole o ka hōʻoia kālā pilikino a me ka loaʻa ʻana o nā lāhui ʻē aʻe, ʻo Closed-End Second Loans e hoʻoikaika i nā mea hoʻopukapuka e ulu i ka hoʻolālā.