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Our real estate investor partners help with the steps around the loan: forming the LLC and getting the EIN, ITIN support, business banking, insurance, title, and rent records, so your DSCR file is organized before you make an offer.
These real estate investor partners are independent companies that handle entity setup, tax identification, banking, insurance, title, and property records. Start with the LLC and EIN, talk with a Simply Approved Mortgages Loan Officer to map the financing plan, open the business bank account once the EIN arrives, then use insurance, title, and rent-tracking partners as you close and operate.
What this means for you: using a partner is optional and never affects whether or how you can apply with us.
Written by
Simply Approved Mortgages Team
Licensed Loan Officers · NMLS# 2620881
Complete the short request and a Simply Approved Mortgages Loan Officer sends back a written summary built from your own numbers: estimated payment breakdown, estimated cash to close, the loan structures that fit your file, and what documentation the file will need.
Takes about 3 minutes · Summary shown on screen and emailed to you
Illustration only, generated from the information you enter. Not a rate quote, lock, loan estimate, pre-qualification, offer, approval, or commitment to lend. Figures are subject to credit, income, asset and property review and full lender underwriting; binding numbers appear on your Loan Estimate.
Scenario summary
Sample layout with example figures — your own numbers replace these. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
Independent companies our investor clients use for the business side of buying a rental. Follow the DSCR investor journey to see when each one fits.
Set up the investing entity and request the EIN
Entity formation, registered agent, operating agreement, and EIN filing for U.S. and non-U.S. owners. Choosing the faster EIN option can help keep banking and financing steps moving.
Journey: Step 1: LLC and EIN
Partner savings with code DOOLASAM30
Subject to the provider's offer terms and eligibility.
ITIN help for investors without an SSN
Certifying Acceptance Agent support for people who need an Individual Taxpayer Identification Number for U.S. tax filings and banking relationships.
Journey: ITIN path
$50 off with code Simplyapproved50
Subject to the provider's offer terms and eligibility.
Open a checking account in the entity name
Business checking with expense tracking, useful for keeping earnest money, reserves, closing funds, and rent deposits separate and documented.
Journey: Step 3: Business bank account
Visit Lili Business BankingRegister a DUNS number
A DUNS number is the identifier much business credit reporting is tied to, giving the entity a file separate from your personal profile.
Visit Dun & BradstreetExplore working capital for the operating entity
A related Simply Approved website covering business lines and term financing options. Availability, terms, and eligibility are set separately.
Visit Simply Approved Business LoansLandlord and rental property insurance quotes
Landlord coverage for investment property, including short-term rental and vacant or renovation situations. Lenders require acceptable insurance before closing.
Journey: Closing
Visit SteadilyTrack rents, leases, and expenses
Rent collection, lease tracking, maintenance, and owner reporting in one place, the kind of records a future refinance may ask for.
Journey: Operate the rental
Visit DoorLoopTitle search, escrow, and closing services
Title commitment, search, escrow, and closing coordination for purchases and refinances, including transactions vesting in an entity.
Journey: Closing
Visit Closed TitleMulti-currency personal and business accounts
Receive, send, and convert money internationally. Features, fees, and availability depend on your location and account type.
Visit WiseKeep track of your personal credit profile
Review scores from the three bureaus and monitor changes. Review current subscription pricing and terms before enrolling.
Visit myFreeScoreNowSimply Approved Mortgages LLC is a mortgage broker, not a direct lender, law firm, tax advisor, insurance agency, bank, or title company. These partners are independent companies that set their own pricing, terms, and eligibility. Simply Approved Mortgages LLC receives no referral compensation or fees from these links; any referral or affiliate compensation is paid solely to our parent company, Simply Approved Corporation, at no additional cost to you. Using a partner is never required to apply for financing with us and does not affect your loan terms. We do not provide legal, tax, or accounting advice; consult your own professionals.
Most rental files go smoother when the entity, tax ID, and bank account all line up before the purchase contract. That is why the DSCR investor journey starts with forming the LLC and requesting the EIN, then a conversation with a Simply Approved Mortgages Loan Officer, then business banking once the EIN is issued. The partners above line up with those steps.
Before forming an entity, read the LLC mortgage guide and confirm your structure with an attorney or tax professional. If you do not have a Social Security number, review the ITIN mortgage guide and foreign national loans page first.
We list services that match records lenders, banks, and title companies commonly ask for. We do not control their pricing, approval, or service levels. Simply Approved Mortgages LLC receives no referral compensation; any affiliate or partner compensation is paid solely to our parent company, Simply Approved Corporation, at no added cost to you. Compare options and read each provider's terms before signing up.
Loan officer compensation is part of the cost of a mortgage. On eligible residential loans, Simply Approved Mortgages generally uses 1.5% lender-paid compensation. Enter the compensation shown on another lender's Loan Estimate to see the difference in dollars.
Compensation difference on this illustration: $3,750.
When less compensation is built into pricing, there can be room for a lower interest rate, which may lower your monthly payment.
Depending on the rate you choose, pricing can sometimes include a lender credit toward third-party closing costs, so you may bring less cash to closing.
A lower rate means a lower monthly payment, which can lower your debt-to-income ratio and may help you qualify for more home on the same income.
As a mortgage broker we compare pricing from wholesale lenders instead of offering a single bank’s retail pricing.
Tip: On page 2 of your Loan Estimate, look at Section A, "Origination Charges." If the lender pays the loan officer, that compensation usually does not appear there as its own line; it is built into the interest rate. That is why comparing the rate and any lender credits side by side matters.
Already have a Loan Estimate from another bank or broker? Share it with a Simply Approved Mortgages Loan Officer, who will compare the rate, fees and credits side by side with options we can arrange. No cost to request a review.
Illustration only — not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate. Lender-paid compensation is paid by the lender, not directly by you, and is part of the loan's pricing, so the loan is not free of costs. A lower compensation figure does not by itself guarantee a lower rate or lower closing costs; individual results vary by credit, loan type, property and market conditions. Residential lending in FL and CO only. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
Purchase market update
30-Yr Fixed · national avg
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15-Yr Fixed · national avg
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2026 buying power
Conforming baseline: $832,750
FHA floor / ceiling: $541,287 – $1,249,125
Cost and payment tools
Monthly payment, affordability, closing costs, refinance break-even and early payoff, all on one screen. This page is not written for one state, so property tax, insurance and transfer or recording charges start at neutral placeholder assumptions rather than published averages — Transfer, documentary-stamp and recording charges are set by your state and county — enter your own figure, or open the state page for a sourced seed. Insurance and tax assumptions vary widely by state, county and property, so replace these starting values with quotes for your address. Every figure is an illustrative estimate, not a quote, lock, offer, approval, or commitment to lend.
Reference sources: Tax Foundation — property taxes paid as a percentage of owner-occupied housing value, NAIC — Homeowners Insurance Report, CFPB — Understanding your Loan Estimate.
Assumptions, methodology, and limitations
Principal and interest use the standard amortization formula on the loan amount you enter. This page does not target a single state, so the property tax and insurance fields start at neutral placeholder assumptions rather than published averages — replace them with figures for your own address, or open the matching state page for sourced seeds. Closing costs apply your state's transfer / documentary-stamp practice (0.00% of price used as the buyer-side seed) plus typical title, recording, appraisal, credit and prepaid escrow lines. Refinance break-even divides your entered costs by the monthly payment difference. Early payoff runs a month-by-month amortization with your extra principal.
These tools do not include mortgage insurance, funding or guarantee fees, HOA special assessments, flood or windstorm premiums, seller credits, lender credits, discount points, or county and municipal charges specific to your parcel. Statewide averages will not match any individual property. Figures are estimates only.
Illustrative only. Binding figures appear on your Loan Estimate, and terms vary by borrower, property, lender, program, and state.
Send your scenario to a Simply Approved Mortgages Loan Officer and get a written summary back, or compare where rates sit today. Educational only — not a quote, lock, offer, approval, or commitment to lend.
Answers to the most common real estate investor partners: common questions, written by licensed loan officers.
SAM is the Simply Approved Mortgages AI assistant. It answers general questions using the reviewed guides published on this site and links you to the primary government source. It is educational only — it does not quote a rate, payment, APR, approval or commitment to lend. A Simply Approved Mortgages Loan Officer reviews every scenario before any terms are confirmed.
Hi, I'm SAM — an AI assistant for Simply Approved Mortgages. I can explain loan programs, closing costs, DTI, down payments and which calculator or guide to use. I'm not a licensed loan officer, and nothing here is a quote, approval or commitment to lend.
Ask Sam AI provides general educational information only. It is an automated assistant, may be incomplete or out of date, and does not provide legal, tax or financial advice. Nothing it produces is a rate quote, APR, pre-approval, offer or commitment to lend. Never share a Social Security number, ITIN, date of birth, account number or password in chat. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Eligibility, terms, conditions and availability vary by borrower, property, lender, loan program and state, and all loans are subject to lender underwriting and approval. Equal Housing Opportunity.
These independent government resources can help you research mortgage programs, rates, and your rights before you apply.
IRS
Get an Employer Identification Number
IRS
Individual Taxpayer Identification Number
SBA
Choose a business structure
Simply Approved Mortgages is not affiliated with HUD, the CFPB, the FTC, the VA, or any other government agency. Links are provided for your independent verification.
How this page connects
This page sits inside our Mortgage library coverage.
Explore the full guide
Each of these is a deep-dive on one piece of the purchase mortgage process. Bookmark whichever you need next.
Guide
DSCR Investor Journey
Step-by-step path from LLC and EIN to closing and refinance.
Read the guide →Guide
DSCR loans
Qualify using property cash flow.
Read the guide →Guide
LLC mortgage guide
Entity vesting and personal guaranties.
Read the guide →Guide
ITIN mortgage
Financing paths for ITIN borrowers.
Read the guide →Guide
Foreign national loans
Options for non-U.S. investors.
Read the guide →Guide
DSCR calculator
Model rent against the payment.
Read the guide →Internal library
Follow the next relevant guide for your scenario.
Purchase mortgages
Buying a home
Complete this short request and a Simply Approved Mortgages Loan Officer will personally review your scenario. The form only asks what your program actually needs. Submitting it is not an application for credit and is not a commitment to lend.
The form below is tailored to Non-QM loan — only the questions and documents your program needs.
Simply Approved Mortgages LLC is licensed to arrange residential mortgage loans in Florida and Colorado only. We ask first so we never collect a mortgage inquiry we are not licensed to act on.
Non-QM programs use alternative income documentation for self-employed and investor borrowers.
A range is enough here — no credit report is pulled and your credit is not affected.
Illustrative estimate only — not a quote, rate lock, offer of credit, or commitment to lend.
Submitting this form is not an application for credit and is not a commitment to lend. No credit report is pulled at this step.
Follow our reporting
We update these guides as HUD, FHFA, VA, USDA and CFPB publish new figures. If you want our updates to show up more often when you search Google, you can mark us as a preferred source from the Top Stories carousel:
Preferred sources is a Google Search feature controlled entirely by you and by Google. Simply Approved Mortgages LLC (NMLS #2620881) does not control search results and makes no representation about how or whether our content will appear. Educational content only — not a quote, lock, offer, or commitment to lend.
A Simply Approved Mortgages Loan Officer will personally connect with you to walk through your options.
Plain-language articles to help you understand the home loan process, save on closing costs, and make confident decisions.
From credit prep to down payment assistance, here’s how to walk into your first mortgage application with confidence.
Eligibility, the Certificate of Eligibility, funding fees, and how to maximize zero-down purchasing power.
A line-by-line breakdown of the Loan Estimate and the fees that are negotiable versus fixed.
Equal Housing OpportunityMortgage Broker — Not a LenderNMLS ID# 2620881NMLS Consumer AccessFlorida Mortgage Broker License #MBR7685Colorado Mortgage Company RegistrationSimply Approved Mortgages LLC | NMLS #2620881
Florida Branch Office (Miami, FL) | Branch NMLS #2688012
Florida Mortgage Broker License #MBR7685 | Colorado Mortgage Company Registration
Business Phone: (877) 813-7219
Equal Housing Opportunity
Broker identification. Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We arrange residential mortgage loans with third-party wholesale lenders and do not make the lender's final credit decision or fund the loan. We arrange residential mortgage loans in Florida and Colorado. Business-purpose mortgage products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.
Credit and program terms. All loans are subject to lender credit approval, underwriting, acceptable appraisal or valuation when required, title review, insurance, and supporting documentation. Eligibility, programs, rates, APRs, points, lender credits, fees, payments, terms, loan amounts, down-payment requirements, mortgage insurance, and availability may vary based on borrower, property, occupancy, credit profile, loan-to-value ratio, debt-to-income ratio, lender, loan program, and state and may change without notice. Not all applicants, properties, products, or programs will qualify or be available in every state. Nothing on this site constitutes a loan approval, rate lock, offer, commitment to lend, guarantee of approval, or guarantee of terms or closing.
Rates, payments and calculators. Rates, APRs, payments, down payments, loan amounts, home values, estimated equity, savings, affordability estimates, closing costs, and other calculator or scenario results displayed on this site are estimates or illustrations unless expressly stated otherwise. Actual loan terms may differ. Taxes, homeowners insurance, mortgage insurance, association dues, lender charges, broker compensation, discount points, third-party charges, and other costs may apply. Advertised rates, payments, APRs, down payments, and other credit terms are subject to the assumptions and disclosures presented with the applicable advertisement. Applicable loan terms and disclosures will be provided as required for the particular transaction.
Mortgage products. FHA, VA, USDA, conventional, jumbo, non-QM, HELOC, reverse mortgage, down-payment-assistance, investment-property, DSCR, and other mortgage products referenced on this site are subject to their individual eligibility, underwriting, property, occupancy, and program requirements. Product availability varies by lender and jurisdiction. References to a mortgage product or program do not constitute a determination that a borrower or property qualifies.
Government-backed programs. Government-backed or government-insured mortgage programs referenced on this site may be subject to requirements established by the applicable government agency in addition to lender requirements. Government insurance or guaranties generally protect participating lenders against certain losses and do not constitute a guarantee of borrower approval.
Business-purpose products. DSCR, investment-property, and other business-purpose mortgage products referenced on this site are intended for qualifying business-purpose transactions. Business-purpose loans may be subject to different requirements and protections than consumer-purpose residential mortgage loans. Borrowers are responsible for accurately disclosing property occupancy and intended use.
Down payment assistance. Down payment or closing-cost assistance programs referenced on this site may be administered by governmental entities, housing finance agencies, nonprofit organizations, lenders, or other third parties. Program availability, funding, assistance amounts, eligibility requirements, repayment or forgiveness provisions, and other terms vary and may change or become unavailable without notice. Listing or referencing a program does not guarantee funding, eligibility, or mortgage approval.
Government affiliation. Simply Approved Mortgages LLC is not a government agency and is not affiliated with, acting on behalf of, sponsored by, or endorsed by HUD, FHA, VA, USDA, or any other federal, state, or local government agency. References to government agencies, programs, benefits, data, forms, or resources are provided for informational purposes and do not imply government sponsorship or endorsement of Simply Approved Mortgages LLC.
Fair lending. Equal Housing Opportunity. Simply Approved Mortgages LLC conducts business in accordance with applicable federal and state fair-housing and equal-credit-opportunity laws and does not discriminate on any prohibited basis.
No professional advice. Content on this site is educational and general in nature and is not legal, tax, accounting, financial, investment, estate-planning, or individualized government-benefits advice. Consumers should consult appropriate qualified professionals regarding their individual circumstances.
Third-party content. References or links to government agencies, lenders, assistance programs, products, services, or other third-party websites are provided for informational purposes or convenience. Simply Approved Mortgages LLC does not control and is not responsible for third-party content, availability, accuracy, or privacy practices.
NMLS Consumer Access: Verify Simply Approved Mortgages LLC, NMLS #2620881.
Simply Approved Mortgages LLC, 633 W 5th St, Ste 2600, Los Angeles, CA 90071 · 877-813-7219 · support@simplyapprovedmortgages.com. State licensing details available at the NMLS Consumer Access link above. © 2026 Simply Approved Mortgages LLC.
