Same Business, two DSCRs. 1.31x in the Broker Package. 1.18x in the QoE. Under SOPredacted, acquisition loans must clear 1.25x on historical earnings, and those earnings must come from the QoE. The broker's number is no longer the one that counts. That makes the QoE, and specifically how add-backs are identified, normalized, and validated, critical to the debt service analysis. The difference may come down to a handful of add-backs. At 1.25x, even a single $10,000 adjustment, accepted or rejected, can move a file from approvable to declined. So don't read the report front to back. Start at 1.25x and work backward: which adjustments is coverage resting on, and how well is each one supported? That is how we structure our QoE reporting for SBA files. 1.25x Test – QoE Reporting 👉 redacted #SBALending #SBA7a #QualityOfEarnings #SOP50108