Good to excellent credit scores are preferred for optimal vacation rental mortgage rates and minimizing down payments. 

I made it clear to Bernie after his underwriting team approved me based solely on my credit score (which is greater than 730) that I had two mortgages and he made it clear to me that his "professional" underwriters shouldn't have an issue.

I made the mistake of renting my single-family house in Alpharetta to a tenant with a credit score in the 500s in December 2023.

A credit score to us is just a number.

The drawback is more paperwork, guideline restrictions, and may require higher credit scores. 

In case helpful, here's more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

In case helpful, here's more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Your rates will be determined by prior experience and credit score. 

If you want to investigate which city that would appreciate more, you could check Redfin competitiveness score !