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Find out what you actually qualify for.
Most lenders will turn you away below a 620 score. We work with 200+ wholesale lenders with no overlays - which means true agency floors: FHA down to 500, VA with no set FICO minimum, plus Non-QM and DSCR for investors, including no-ratio DSCR with no minimum debt-coverage requirement (the property doesn't need to cash flow). You might be approved today and not know it.
Soft credit pull only - this does NOT affect your score. Application takes about 10 minutes.
What you get in your Readiness Report
Your three FICO scores
Equifax FICO 5, Experian FICO 2, TransUnion FICO 4 - the actual scores mortgage lenders use, not Credit Karma.
Exactly what you qualify for
Max purchase price, monthly payment, and rate range across every program your score and profile allow today.
A score-improvement plan
Specific actions ranked by impact, with rapid-rescore eligibility flagged where it'll move fastest.
Were you told no somewhere else?
Most lenders impose their own credit-score overlays on top of the actual program requirements. They want a 620 for FHA when HUD's real floor is 500. They want a 580 for VA when the VA itself has NO minimum. They cap DSCR at 660 when our investors go to 600.
We don't add overlays. The report tells you the truth.
- →FHA at HUD minimum. 500 FICO with 10% down, 580 FICO with 3.5% down. Most lenders cut this off at 620 or 640.
- →VA at AUS approval. The VA itself has no minimum. We go to AUS approval with comp factors.
- →DSCR investor at 600. Property cash flow qualifies, not your personal income. No-ratio DSCR is available too - no minimum debt-coverage ratio, so the property doesn't need to cash flow. Still from 600 FICO, no tax returns required.
- →Bank-statement self-employed at 600. 12 or 24 months of deposits, no tax returns. Up to 90% LTV.
Frequently asked
Is this actually free?
Yes. Credit consultation is part of how we evaluate your mortgage application. We don't charge you for the report or the consult.
Will applying hurt my credit?
No. Loan Factory uses a soft-pull tri-merge to start. Hard pulls don't happen until you decide to move forward with an actual loan.
What if my credit isn't great?
That's specifically what this is for. The report shows you what you qualify for at TRUE agency minimums, plus the highest-impact things you can do to improve.
How long does the application take?
About 10 minutes. The intake is at ratedirect.my1003app.com (secure, SSL). You'll get your Readiness Report back within 24-48 hours after the credit pull comes back.
Ready to find out where you actually stand?
Start your free application →Soft pull. No score impact. About 10 minutes.