500 Credit Score.Investment Property.Program 7: Up to 60% LTV on Refinance., DSCR Refinance With a 500 Credit Score
- Program 7 can consider a 500 FICO or no traditional FICO score
- Qualifying refinances can reach up to 60% LTV
- No minimum DSCR ratio requirement on Program 7
- Qualifying Program 7 loan amounts can reach up to $10 million
A 500 FICO no longer falls into a separate lower LTV tier. Program 7 refinance leverage is based on the current refinance cap.
Get a Quote →No credit pull for the initial quote · Rates within 24 hours · Typical 28-day close with complete documentation
Get a Quote / See Your Options
Current Program 7 Rule
A 500 FICO Can Still Fit the Up-to-60% Refinance Structure
Program 7 is Get Brick Capital's separate low-credit and no-FICO option. The old tiered FICO leverage ladder is no longer the current rule. A 500 FICO can be considered under the same qualifying refinance structure as other low-FICO or no-FICO files, with leverage up to 60% LTV.
Program 7 also has no minimum DSCR ratio requirement and can support qualifying loan amounts up to $10 million. Pricing is materially higher than standard-credit DSCR programs.
Through Get Brick Capital, Program 7 is unavailable in Minnesota, North Dakota, South Dakota, Montana, Utah, and Vermont.
Program 7 at a Glance
Refinance
Up to 60% LTV
Purchase
Up to 75% LTV
Minimum DSCR
None
Maximum Loan
Up to $10M
500 Credit Score DSCR FAQ
500 FICO? See the Current Program 7 Numbers.
No credit pull for the initial quote. Rates within 24 hours.
Related Loan Programs
Program 7 No Minimum DSCR
Up to 75% LTV on purchases, up to 60% LTV on refinances, and loans up to $10 million.
Learn More →Pull EquityCash-Out Refinance
Compare Program 7 with the other current refinance paths.
Learn More →Low FICO GuideLow-FICO and No-FICO DSCR
See the complete current Program 7 rules.
Learn More →