Underwriter Loan Qualifier

Conventional, FHA, VA, USDA, Jumbo, DSCR, HELOC — pass/fail per agency guidelines

Needs work to qualify

Front-End DTI

13.1%

excellent

Back-End DTI

17.5%

pass

DSCR

1.61x

qualifies

Borrower Profile

Gross Monthly Income

Co-Borrower Income

Credit Score

Years at Job

Military Service (VA Loan Eligibility)

Property & Loan

Purchase Price ($)

Down Payment ($)

Interest Rate %

Loan Term (yrs)

Property Tax / mo

Insurance / mo

HOA / mo

Monthly Debts

DescriptionPmt ($)Mo. Left

Total (>10 mo.)$880

Assets & DSCR

Liquid Assets ($)

Gift Funds ($)

Retirement (60% usable) ($)

Annual Gross Rent (DSCR)

Annual NOI (DSCR)

Loan Type Comparison — Pass / Fail

Loan Type	Credit	Down Pmt	Back DTI	DSCR	VA Elig.	Funds	Verdict
Conventional	✅ 720	✅ 20.0%	✅ 17.5%	N/A	N/A	❌ Short	🔴 NEEDS WORK
FHA	✅ 720	✅ 20.0%	✅ 17.5%	N/A	N/A	❌ Short	🔴 NEEDS WORK
VA	✅ 720	✅ 20.0%	✅ 17.5%	N/A	❌ Not Eligible	❌ Short	🔴 NEEDS WORK
USDA	✅ 720	✅ 20.0%	✅ 17.5%	N/A	N/A	❌ Short	🔴 NEEDS WORK
Jumbo	✅ 720	✅ 20.0%	✅ 17.5%	N/A	N/A	❌ Short	🔴 NEEDS WORK
DSCR	✅ 720	✅ 20.0%	N/A	✅ 1.61x	N/A	❌ Short	🔴 NEEDS WORK
HELOC	✅ 720	✅ 20.0%	✅ 17.5%	N/A	N/A	❌ Short	🔴 NEEDS WORK

Recommendations

💰

Funds shortfall of $3,751

Consider seller concessions, down payment assistance programs, gift funds, or 401k loan to close the gap.

🏦

DSCR 1.61x — qualifies for DSCR loan program

DSCR loans qualify based on property cash flow, not personal income. Ideal for investors with multiple properties or complex income.

Disclaimer: This is an estimate only and does not constitute a formal loan approval. Contact a licensed mortgage professional for a full pre-approval.