No Minimum Credit Score DSCR Loans: Your Equity Qualifies
Your Equity Qualifies. Not Your Credit Score.
DSCR rental loans on 1–4 unit properties with no minimum FICO and no DSCR calculation. Up to 55% LTV, loans to $1.5 million, and no cap on cash-out.
Apply Now ▸Why equity-first DSCR
Equity is the new qualifier.
Most DSCR lenders stop at the credit score. This program starts with the equity. If the property has enough of it, your credit history, your DSCR and your housing history stop being deal-breakers.
No Minimum FICO
No credit score required at all. Thin file, bruised file or no U.S. credit file.
No DSCR Calculation
The rent-to-payment ratio isn't the qualifier. The equity is.
1 Day Out of Bankruptcy
A recent bankruptcy or mortgage lates don't automatically disqualify you, subject to guidelines.
Foreign National & ITIN Eligible
Borrowers without a Social Security number can qualify.
No Max Cash-Out, No Reserves
Take out the equity you need. No reserve requirement, and 100% gift funds are allowed.
Transferred Appraisals Accepted
Already have an appraisal from another lender? It can often be transferred instead of paying for a new one.
No Housing History Needed
No rent or mortgage history required on your primary residence. First-time homebuyers are eligible.
Rescue Declined Deals
Turned down elsewhere over credit? This is the program built for that file.
One Application, Many Lenders
We're a broker, not a single lender. We present your deal across our lender network and bring you the best fit.
Check your equity
How much will the equity support?
Everything keys off loan-to-value. The maximum is 55% of the property's value, up to $1.5 million:
Check your equity
Value and what you owe today.
Estimate only. Cash in hand assumes about 3% in closing costs. Final terms are set by the lender.
How it works
A simple file. A fast answer.
Apply Online
Five-minute form. No credit pull to apply.
Equity Check
An advisor confirms value, payoff and LTV with the lender.
Appraisal
New or transferred. The rent isn't the qualifier, the value is.
Close
Sign in your name or your LLC and fund.
Program at-a-glance
The fine print, up front.
Representative terms across our lender network. Final terms are set by the lender or funding partner you choose.
- Loan amount
- Up to $1,500,000
- Property types
- 1–4 unit residential investment property
- Max LTV
- 55%
- Credit
- No minimum FICO; no score required
- DSCR
- No DSCR calculation
- Credit events
- 1 day out of bankruptcy; mortgage lates allowed per guidelines
- Borrowers
- U.S. citizens, permanent residents, foreign nationals, ITIN
- Cash-out
- No maximum cash in hand
- Reserves
- None required
- Gift funds
- Up to 100% allowed
- Appraisal
- Transferred appraisals accepted
- Housing history
- Not required; first-time homebuyers eligible
FAQ
Common questions
FAQ
Common questions
Do you really not check credit?
The program has no minimum FICO and doesn't require a score. The lender may still review your credit report for things like open liens and judgments. The qualifier is the equity.
What does 55% LTV mean for me?
Loan-to-value: your loan can't exceed 55% of the property's value. On a $600,000 rental, that's a loan of up to $330,000.
I just came out of bankruptcy. Can I apply?
Yes. The program allows borrowers one day out of bankruptcy, subject to the lender's guidelines.
I have mortgage late payments. Is that a problem?
Mortgage lates are allowed per guidelines, but the loan can't be 90 or more days past due at closing.
Can I use this to buy a property?
Yes. Purchase, rate & term and cash-out are all eligible, with up to 100% gift funds allowed toward the down payment.
How is this different from a regular DSCR loan?
A standard DSCR loan offers more leverage (up to 85% on purchases) but looks at credit and rent coverage. This one trades leverage for flexibility.
Equity in the property? That's your approval.
No credit pull to apply. No minimum score. No commitment.
Apply Now ▸Partner program
Loan Officers & Agents: Save the Deal Credit Just Killed.
Client declined over a score? If the property has the equity, send it to LOANKWEST and get credit when it funds.
Partner inquiries: loans@seqlending.com- Get credit on every funded loan you refer
- Keep investor clients from shopping you to a competitor
- One intake, dozens of lenders behind it
- Your name on the application via the referral field