DSCR Loan and Your Credit Score


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DSCR Loan and Your Credit Score

Today we are going to discuss why getting a DSCR loan can be easy and rewarding with the right credit score. By ensuring that your credit is in the best position, you’ll be on your way to success!  Not only would you be getting a loan that’s perfect for you, but you would also increase your cash flow.

First and Foremost, Review Your Credit Score

Next, consider your credit score. You can get a DSCR loan with a score in the low 600s, but it will cost you more. To clarify, a lower credit score can add up to one or more percentage points. This can in turn increase your interest rate, which can increase your monthly payment by $200 to $400.

Example: Let’s say you have a credit score of 620. You might get a loan with a 7% interest rate instead of 6%. On a $200,000 loan, that extra 1% could mean paying $2,000 more per year in interest.

If you need tips to raise your score, check out resources like our YouTube channel for advice on improving your credit.


By reviewing your credit score and getting yourself in the best position, you will in turn get a better interest rate! If you find any step challenging, don’t worry. Our team is here to help you. We’re eager to set you on a path that helps you make the money you need to live the life you want.

Watch our most recent video to find out more about: DSCR Loan and Your Credit Score