What seasoning period is required to use the new appraised value for a cash out DSCR loan?

The minimum seasoning period required to use the new appraised value for a cash out DSCR loan varies by lender and program, ranging from no seasoning required up to 12 months of ownership.

Here is a summary by lender and program:

Lender	Program(s)	Minimum Seasoning to Use New Appraised Value for Cash Out DSCR Loan	Notes
FundLoans	Spectrum+, Spectrum No Ratio	12 months	If owned less than 12 months, LTV based on lesser of purchase price plus improvements or appraisal.
AmWest	Investor Advantage	6 months minimum, max 12 months	If owned 6-12 months, use lesser of appraisal or purchase price plus improvements.
A&D Mortgage	DSCR (No DTI), Foreign National DSCR	6 months minimum	If owned less than 6 months, use lesser of appraisal or purchase price plus improvements.
Angel Oak	Investor Cash Flow	12 months minimum; 6-12 months with Comparable Data Analysis (CDA)	CDA allows use of appraisal if owned between 6 and 12 months.
Arc Home	Access DSCR, Edge DSCR	6 months minimum	Ownership seasoning required; no exceptions for inherited properties.
Champions Funding	Accelerator DSCR, Ambassador DSCR	0 months (no seasoning required)	Most DSCR programs allow immediate use of new appraisal for cash out.
Change Wholesale	Investor	6 months minimum	If owned 6-12 months, use lesser of purchase price plus improvements or appraisal.
Axos Bank	DSCR EXPRESS	12 months minimum	Expanded DSCR program does not specify seasoning requirement.
BluePoint Mortgage	DSCR Platinum, Gold, Silver, etc.	3 to 12 months depending on program	Varies by program and property conditions.
Brokers First Funding	DSCR, Foreign National	No seasoning requirement	New appraised value can be used immediately for cash out DSCR loans.

If you want, I can provide more detailed information or comparisons for specific lenders or programs. Would you like that?