Investment Property 627 Equifax
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  1. #1

    Investment Property 627 Equifax

    I know Velocity requires 650 minimum - Anybody here that might be able to guide me in the right direction?

    Thanks

  2. #2
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    Quote Originally Posted by PJLamar38 View Post
    I know Velocity requires 650 minimum - Anybody here that might be able to guide me in the right direction?

    Thanks
    For a 70% LTV we need a minimum of 650. However, we can go down to a 620 mid score with a 50% LTV on a cash out refi. If it's a purchase we can do an interest only for 1 year with no minimum score with no income verification on an investment 1-4 property.
    Scott Buchholz
    Account Executive
    Velocity Mortgage Capital
    215.619.2543 Direct
    sbuchholz@velocitymortgage.com

  3. #3
    Quote Originally Posted by PJLamar38 View Post
    I know Velocity requires 650 minimum - Anybody here that might be able to guide me in the right direction?

    Thanks
    Try Dan@FundingStrategyPartners.com. I think he brokers it but his source might be able to do it. I got an approval with slightly sub 650 on a multi unit deal through him before.

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