500+ Credit Score.Investment Property.50% LTV. No DSCR Floor.
- 500+ FICO qualifies via Program 7 at 50% LTV
- No minimum DSCR requirement on this program
- LTR properties 1–4 units only
- Higher rates, but you get your deal done
500+ FICO and equity in your LTR? Program 7 has no credit floor and no DSCR floor.
Submit Deal Summary →No credit pull · Rates within 24 hours · Consistent 28-day closings
Quick Qualify
The Situation
When 500 FICO Still Gets a Deal Done
Most DSCR lenders have a minimum credit score of 620, 640, or 660. If your credit is below those thresholds, you have been told no. Program 7 exists for exactly this situation.
At 500+ FICO, Program 7 provides 50% LTV on LTR properties 1–4 units. The rate will be in the 9s: high. But if you have significant equity in a rental property and need to access it, this is a real path that most lenders will not offer.
Practical example: a property worth $200,000 with no existing mortgage. At 50% LTV, you access $100,000 cash with 500+ FICO and no minimum DSCR. No income docs. No W-2. Close in LLC.
Requirements
What You Need to Qualify
Min Credit Score
500 FICO
Max LTV (500–649 FICO)
50%
Max LTV (650+ FICO)
75%
Min DSCR
None
Property Type
LTR 1–4 Units
Income Docs
None
500 Credit Score DSCR Refi FAQ
500+ FICO. Real Equity. Real Options.
Program 7 gets it done. Submit your deal.