DSCR: Conventional Lenders Edging Out Private Market?

Forecasa CEO Sean Morgan contributed this article to the American Association of Private Lenders, exploring competitive dynamics between conventional and private DSCR lenders.

What the article covers

As residential refinance activity declines, the origination-starved conventional mortgage industry has moved aggressively into debt service coverage ratio loan products. The article tracks origination trends since 2019 and examines whether conventional lenders are gaining ground at the expense of private market participants.

Why it matters

Private lenders who understand where conventional competition is encroaching can adapt their strategies, whether by differentiating on speed, flexibility, or moving into segments where conventional lenders remain absent.