Applying to the wrong program wastes a credit pull and days of everyone’s time. Underlytix matches a buyer or a deal to the loan programs that actually fit — before an application goes in.
A fundable buyer or a sound investment can still get declined simply because it was submitted to a program it never fit — an investor pushed into a conventional box, a self-employed borrower sent to a W-2 program, a rental judged on personal income instead of DSCR. Each wrong application costs a credit pull, days of back-and-forth, and momentum on the deal. Lender fit should be decided before the application, not discovered after the decline.
Borrower type, income documentation, property use, DTI or DSCR, down payment, and reserves — the factors that actually route a deal to a program.
Conventional, FHA, VA, DSCR, and portfolio criteria compared at once — not one program guessed at a time.
Ranked fit with the gating factor named for each, so the application goes to the program most likely to clear.
| Program | Qualifies primarily on | Common fit |
|---|---|---|
| Conventional | Personal income, DTI, credit | W-2 buyers, primary and second homes |
| FHA / VA | DTI with lower down payment / eligibility | First-time and eligible-service buyers |
| DSCR | Property income (DSCR) | Investors; no personal-income test |
| Portfolio | Lender-specific flexibility | Complex or non-standard profiles |
Best fit: DSCR. Conventional is a stretch — recent write-offs depress qualifying income and DTI is already elevated by the existing mortgages. DSCR sidesteps the personal-income test and qualifies on the property at 1.24, so it ranks first; portfolio ranks second as a fallback. Applying conventional here would likely burn a credit pull on a decline. Confirm the property side in investor financing analysis, and for buyer-side deals start with realtor buyer prequalification.
Underlytix matches the profile to the right lender program before the application, so credit pulls and time aren’t spent on a program that was never going to work.