That means we can review both FICO and VantageScore, then use the higher eligible score to help borrowers get the best possible loan scenario. For some clients, this may make a real difference — especially if your VantageScore is stronger…
Conventional Loans — General Qualification Guidelines Conventional loans (also referred to as agency or conforming loans) follow standardized underwriting guidelines established by Fannie Mae and Freddie Mac. These loans are commonly used for primary residences, second homes, and eligible investment properties.…
DSCR Loans — General Qualification Guidelines DSCR (Debt Service Coverage Ratio) loans are designed for investment properties and are evaluated primarily based on a property’s cash flow rather than the borrower’s personal income documentation. The guidelines below are provided for general reference only.Final…