Nationwide DSCR purchase and cash-out financing
Mayday's No Credit Consideration DSCR Nationwide option is designed for equity-rich, non-owner-occupied investment properties, including eligible cash-out refinances with no stated minimum ownership-seasoning period. Qualification is property- and equity-focused rather than based on a minimum FICO score, and some eligible structures may not require personal tax returns or conventional W-2 income documents. Valuation, title, insurance, property income or operating information, identity, entity, liquidity, and other transaction documents may still be required. Maximum leverage and availability remain subject to the complete file and final underwriting.
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Review factors
Featured Mayday option
No Credit Consideration DSCR Nationwide
A low-leverage, property-focused option for eligible non-owner-occupied properties. It may support cash-out refinance without a stated minimum ownership-seasoning period, while preserving full property and transaction diligence.
Submit a scenarioThe complete context matters
The featured option does not impose a minimum FICO score requirement, but 'no credit consideration' does not promise that no credit report, authorization, fraud or identity screening, lien or judgment review, or other borrower diligence will be requested. It is not a no-document loan, and no property, equity level, credit profile, or calculator result guarantees eligibility, leverage, terms, proceeds, or approval.
Tell us your situationProgram questions
DSCR compares qualifying property income with the debt and property obligations included in a lender's calculation. Methods vary, so the website calculator is educational rather than a qualification result.
Yes. Experience is one part of a complete review. Share the property, rent support, reserves, entity details, and plan as completely as possible.
Yes. Explain the credit context and provide supporting documentation when available. Credit is reviewed with the full borrower and property profile, and approval is never guaranteed.
You may submit the scenario for review. Available equity, property cash flow, seasoning, reserves, credit events, requested proceeds, documentation, and lender rules all matter. A lower score does not create automatic eligibility or automatic denial, and cash-out proceeds are never guaranteed.
Some DSCR programs may qualify the transaction primarily from eligible property cash flow and may not require personal tax returns or conventional W-2 income documentation. This does not mean no documentation: property, rent, entity, liquidity, credit, appraisal, title, insurance, and other lender records may still be required.
The No Credit Consideration DSCR Nationwide option has no minimum FICO score requirement. That is not a promise that no credit report, credit authorization, identity or fraud screening, lien or judgment review, or other borrower diligence will be required. Eligible cash-out refinances may be considered up to 65% LTV with no stated minimum ownership-seasoning period, subject to property type, equity, valuation, geography, documentation, program availability, underwriting, and final approval.
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