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Updated about 1 year ago on . Most recent reply

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Heather Halman
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DSCR lenders who will do a cash out with 630 credit score

Heather Halman
Posted

Hoping to find some suggestions for lenders who will do a cash-out refi dscr loan for a lower credit score at 75% ltv. Purchased hard money as a fix and flip, recent deal fell through due to buyer's not being able to sell their home and considering dscr may be better for us as the rental value is there. 

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Devin Peterson
  • Lender
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Devin Peterson
  • Lender
Replied
Quote from @Heather Halman:

Hoping to find some suggestions for lenders who will do a cash-out refi dscr loan for a lower credit score at 75% ltv. Purchased hard money as a fix and flip, recent deal fell through due to buyer's not being able to sell their home and considering dscr may be better for us as the rental value is there. 


 Youll be ale to find some one but with a score of 630 leverage might be reduced to 70ltv for max cash out, may be even less.

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Miller Mortgage
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