Other Residential
Loan Types.

It depends on the loan type — conventional starts around 620, FHA as low as 580. We look at the whole picture, including your service history and income stability.

Conventional and DSCR loans both work for investment properties. DSCR loans are built specifically around the property's cash flow rather than your personal income.

FHA requires a lower down payment (as little as 3.5%) and is more forgiving on credit score, but carries mortgage insurance for the life of the loan in most cases. Conventional can drop PMI once you hit 20% equity.

Yes, in USDA-eligible rural areas. Income limits apply, and the property has to qualify — we'll check both in your application.

Both skip the traditional two-year tax-return file, they just use different paperwork to prove income. A bank statement loan qualifies you off actual deposit history — personal or business account. A 1099-only loan qualifies you off your 1099 forms instead.

Bank statement and 1099-only loans still document your personal income — just through deposits or 1099s instead of tax returns. A DSCR loan doesn't look at your personal income at all. It qualifies off the property's own rental income against its own mortgage payment, which is why it's built for investors rather than owner-occupants.

That's exactly what bank statement and 1099-only loans are built for. Write-offs that lower your taxable income don't have to lower your borrowing power. Chat with Sgt. Savings about which documentation path fits how you actually get paid.