• Nadlan Capital Group – USA Real Estate Financing for Foreign Nationals and Residents

  Refinance Options for DSCR Loan with Low Credit Score

  Posted by Nadlan Group on April 9 at 22:33

  When a borrower’s credit score comes in low—like 620 in your DSCR refinance case in Pennsylvania—it can impact the terms and options available. However, all is not lost. Below is a strategic table outlining the borrower’s available options and the best path forward based on their situation:

  📋 Refinance Options for DSCR Loan with 620 Credit Score

  See attached comparison table

  🧠 Additional Tips

  • Rapid Rescore: If the score is on the edge (e.g., 640 threshold), use rapid rescore with documentation (e.g., credit card payoff).

  • Focus on Cash-Flow: Emphasize strong DSCR (e.g., 1.2+), solid rent history, and good reserves.

  • Highlight Property Strength: Lenders might overlook poor credit if the property is stable, rented, and in a strong market like parts of PA.

  • Foreign National Angle (if applies): If the borrower is foreign national, some lenders don’t even

  

  Nadlan Group replied 1 week, 5 days ago 1 Member · 0 Replies

  • Credit Score
  • Refinance
• 0 Replies

Log In to Reply