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Solomon Simovich

Partner Relationship Manager
NMLS 2040817 (C)
About Me

Solomon Simovich is a Partner Relationship Manager with eight years in the mortgage field, built on an 18-year career as a hardware engineer in the high-tech sector. He pairs an engineer’s precision with a people-first approach, helping partners collaborate smoothly and guiding clients through clear, stress-free financing journeys.
He lives with his wife, a healthcare professional, and their twin daughters. Away from the office, he loves to travel, explore national parks in the U.S. and abroad, and capture sweeping landscapes with a drone.
Languages: English, Russian, Hebrew, Lithuanian (fluent); Spanish (basic)

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DSCR Cash-Out Refinance Seasoning and LTV Limits

Learn how seasoning periods and loan-to-value limits work on a DSCR cash-out refinance, and how pulling equity affects the property’s coverage ratio.

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DSCR Loan Disqualifiers and Denial Reasons

Review the most common reasons a DSCR loan application gets denied, from a low debt service coverage ratio to property condition, title, and entity issues.

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Prepayment Penalties on DSCR Loans and State Rules

Understand how prepayment penalties work on DSCR loans, the common penalty structures lenders use, and how state rules affect what can be charged.

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How Lenders Determine Market Rent on a DSCR Loan

See how DSCR is calculated for long-term rentals, short-term rentals, and interest-only loans, and learn why the same property can produce three different ratios.

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