Question 1

What is the lowest FICO score that qualifies for a DSCR loan?

Accepted Answer

Get Brick Capital's Program 7 qualifies long-term rental DSCR loans down to 500 FICO at up to 50% LTV. Standard and Expanded programs start at 660 FICO. The credit floor depends on the program, the LTV, and the property type.

Question 2

Why is the LTV lower at lower FICO?

Accepted Answer

Capital partners offset lower-credit risk by requiring more equity from the borrower. At 500–599 FICO, that typically means 50% LTV maximum. At 600–639 FICO, up to 65% LTV. The lender exposure to the property is lower, so the deal pencils at the program's risk tolerance.

Question 3

What about cash-out refinances at low FICO?

Accepted Answer

Cash-out refinances are available at low FICO but with more conservative LTVs and required reserves. A 600 FICO cash-out is typically capped at 60–65% LTV with 6+ months of PITIA in reserves. Submit your scenario for specific terms.

Question 4

Will my rate be much higher with a low FICO?

Accepted Answer

Yes — the rate spread between 720+ FICO and 500 FICO can be 200–400 basis points depending on the program and the rate environment. Lower FICO programs are designed for borrowers who would otherwise be declined entirely; the deal still closes, but the rate reflects the risk.

Question 5

Does a recent foreclosure or bankruptcy disqualify me?

Accepted Answer

Recent derogatory credit affects program eligibility differently than the FICO score alone. A 30-day-old foreclosure is treated more conservatively than an old medical collection at the same FICO. Specific waiting periods apply for foreclosures and BKs. Submit your scenario for an exact eligibility read.

Question 6

Can I qualify for a low-FICO DSCR loan on a Section 8 rental?

Accepted Answer

Yes. Section 8 rental properties are eligible across all DSCR programs including low-FICO tiers. Minimum loan amount is $50,000 and minimum property value is $75,000.

FICO	Program	Max LTV	Notes
720+	Standard / Expanded	Up to 80% LTV	Best rate tier. All programs available.
680–719	Standard	Up to 80% LTV	Standard program rate sheet, full program access.
660–679	Standard / Expanded	Up to 75% LTV	Standard program at slightly reduced LTV. Expanded program available with higher rates.
640–659	Expanded / Program 7	Up to 70% LTV	Higher rate tier. LTV reduced. Reserves required.
600–639	Program 7	Up to 65% LTV	Long-term rentals only. 1–4 units. Higher rates and reserves.
500–599	Program 7	Up to 50% LTV	Significant equity required. Long-term rentals only. Higher rate tier.

Best DSCR Lender for Low FICO

FICO Tiers and Maximum LTV

Four Things to Know About Low-FICO DSCR Loans

Lower FICO does not mean higher DSCR ratio is required

Lower FICO means lower LTV — not denial

Lower FICO usually requires more reserves

Recent derogatory credit matters more than the score itself

Low-FICO DSCR Lender FAQ

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Low FICO. Real Programs. Real Closings.