Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

7
Posts
2
Votes
Nandish Desai
  • Investor
  • MA
2
Votes |
7
Posts

DSCR HELP- Closing Oct 4th

Nandish Desai
  • Investor
  • MA
Posted

Hello

My credit score took a hit due to incorrectly reported late payments. Since then the bank has reported a dispute with the credit bureau to remove that late payment. That takes at least 4 weeks to resolve. 

I already have a property under contract with closing on Oct 4th. Any DSCR lenders willing to work. Our current lender is not willing to move until credit dispute is rectified. Inspection and appraisal already done. Property is in NH, current credit score is 680, corrected would be 750+.

Most Popular Reply

User Stats

167
Posts
84
Votes
Elias Halvorson
  • Hawaii
84
Votes |
167
Posts
Elias Halvorson
  • Hawaii
Replied

Damn man, sorry to read this. You may be able to find another one, likely with a bigger down payment. Unfortunately, you might have to go the hard money route. 

  • Elias Halvorson
  • 808-517-6416
business profile image
Elias Halvorson C2 Hawaii NMLS#1697041HI Branch NMLS#1244222
5.0 stars
64 Reviews

Loading replies...