Sometimes a change in credit isn’t the end of the world. In other cases it be a huge swing on rate, cost, and overall payment. Next Friday we’ll do a breakdown of the same job, same income, same assets but trying to buy a home with a 580 FICO, 680 FICO, and 780 FICO. This is not the offering of a rate, this is just a story about what someone got offered. For compliance purposes. We are talking about $199,900 Purchase Price, 80% LTV, 749 FICO - DSCR loan closing in an LLC. APR 8.015% NMLS: 171344
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