If they're willing to walk away from a deal to do what is best for the client, they will score major points with me and the client.In a close 2nd place, responsiveness is something else I value.Great question!

It is flooded with investors desperately trying to score a deal.

So, you relied on the credit score of the borrower and the strength of their business income to get them approved?

Someone that is more aggressive, may want lesser even though skin in the game.

@Lesley Resnick & @Armando Carrera, I am seeing interest rates of 6.25%-6.375%, no points on a rate and term refi with 760 credit score and 70% LTV.

Monitor your credit scores and try to stay above 650.

First, get your financial house in order: check your credit report and score, pay down high-interest debt if you can, save 3–6 months of reserves plus a solid rehab/repair stash (plan for $5–10k per unit minimum), and track your income so lenders see stable W2 earnings; then get pre-approved so you know your real buying power.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

In our opinion, Class C tenants have FICO scores from 560 to 620 - where their chance of default/nonpayment is 15-22%.

Not sure is Fannie Mae's no minimum credit score will help get Buyers into houses.