NAMU CMMU Practice Questions - NAMU Certified Master Mortgage Underwriter (NAMU-CMMU) Exam

A 'DSCR loan' for an investment property qualifies based on:

Borrower's W-2 income Property's rental income vs the PITIA (Debt Service Coverage Ratio); typically requires 1.0x-1.25x or higher Borrower's credit only Property appraisal alone

Correct Answer:

Property's rental income vs the PITIA (Debt Service Coverage Ratio); typically requires 1.0x-1.25x or higher

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