What credit score do I need for an investment property loan?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Conventional investment loans generally want 680 to 700-plus, and DSCR loans typically start around 640 to 660, with better rates above 700. Higher scores reduce the down payment and rate.
Investment loans price risk higher than primary homes, so credit matters more. We'll match your score to the investor program with the best terms.
Higher than a primary home
Investment property loans usually want a higher credit score than a home you live in. Conventional rentals often need 680 or more, and the best rates go to scores above 720.
DSCR loans are more flexible, with many lenders starting around 620 to 660, though a higher score earns a better rate and lower down payment.
Improving your terms
A stronger score lowers your rate and can shrink your down payment on an investment loan, which improves your cash flow. Small credit gains can pay off big on a rental.
Not sure where you stand? Apply now and we will check your score and match you to the best investment loan available.