660 Credit Score.Rental Equity.Program 7 Refinance: Up to 60% LTV., Cash-Out Refinance a Rental With a 660 Credit Score
- Program 7 can consider a 660 FICO with qualifying refinances up to 60% LTV
- Program 7 has no minimum DSCR ratio requirement and pricing is materially higher than standard-credit programs
- Program 3 starts at 660 FICO for completed-renovation no-seasoning files
- Program 3's 80% cash-out tier requires 680+ FICO and is limited to eligible states
660 can qualify for real cash-out options, but Program 7 refinance leverage is now capped at up to 60% LTV.
Get a Quote →No credit pull for the initial quote · Rates within 24 hours · Typical 28-day close with complete documentation
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The Correct 660-FICO Picture
660 FICO Has Multiple Paths, But the Programs Are Different
Program 7 can consider a 660 FICO, but the current Program 7 refinance maximum is up to 60% LTV. The old tiered Program 7 FICO ladder is obsolete. Program 7 also has no minimum DSCR ratio requirement and can support qualifying loan amounts up to $10 million.
Program 3 also starts at 660 FICO and is the true no-seasoning option after a completed renovation. However, Program 3's up-to-80% cash-out tier requires 680+ FICO and is only available in certain states.
Which path fits depends on renovation status, ownership seasoning, lease status, state, property value, loan size, DSCR, and the borrower's priorities.
Two Relevant Paths
Program 7 vs. Program 3 at 660 FICO
Program 7
Refinance: up to 60% LTV
Purchase: up to 75% LTV
Minimum DSCR: no minimum ratio requirement
Maximum loan: up to $10 million
Pricing: materially higher than standard-credit programs
Program 3
Minimum FICO: 660
Use case: completed-renovation new ARV immediately
80% tier: requires 680+ FICO in eligible states
At 660: do not advertise the 80% tier
660 Credit Score Cash-Out FAQ
660 FICO? See the Current Cash-Out Options.
No credit pull for the initial quote. Rates within 24 hours.
Related Loan Programs
Program 7 No Minimum DSCR
Current Program 7 purchase, refinance, loan-size, DSCR, and state rules.
Learn More →Pull EquityCash-Out Refinance
All current cash-out paths and program-specific rules.
Learn More →Completed RenovationBRRRR Refinance
Program 3 can use new ARV immediately after completed renovation.
Learn More →