What is a Loan Readiness Score?

We know that everything that UQUAL can do to help can sometimes be confusing, so we wanted to tell you everything you need to know, so you understand exactly why UQUAL is the best path forward!

At UQUAL our main goal is to have you hear the words “You Qualify.”

We achieve this by focusing on the 4 pillars that make up Loan Readiness Score!

Image showing the four pillars that populate the loan readiness score; debt-to-income, savings/down payment, credit, and documentation.

What is a Loan Readiness Score?! Get ready because we’re about to BLOW your mind with some information about our Loan Readiness Score and how it is SO much better than just a credit score!

This is called our “Loan Readiness Score” or LRS.

Loan readiness score picture showing 84 points with a green plus 28 underneath to show improvement.

Why is this better than just a Credit Score?

It’s not JUST about credit score. There is far more that goes into qualifying your clients for a home loan.

How is this calculated?

The Loan Readiness Score is broken down into four sections below. 

1. Down Payment (30%)

2. Debt to Income (30%)

3. Credit Score (30%)

4. Documents uploaded (10%)

What score indicates you’re ready to move forward with your loan?

Our algorithm is constantly improving; we’re looking for 85+, sometimes higher depending on your situation.  

This is a QUICK indicator to tell you where you are on your Loan Readiness Journey. As always, we’re to help you every step of way to ensure you stay on the path to Loan Readiness. 

  • R RyanR Ryan

    The people I talked to here are good. But I had a great experience working with Desiree Dallas. She gives you the facts straight, what you need to do, and gets you going. She also very upfront, open, and understanding of your situation and truly does have your best interest to heart. She genuinely cares to get you a better financial situation and I have really seen great improvements to my credit and debt management thanks to her.

    This is not a bad place to start if you need help getting your credit repaired and getting help managing how you should keep your debts down or how much to spend say if you ever want to get a house, refinance, buy a car, or any loaning needs that will rely on your score. I don't know about other companies. or how they do credit repairs, but this one is legit and really was able to improve my scores and help me dispute things as well.

    I didn't think it would be possible to get items off my report and to see my credit dramatically increased due to bad decisions I made in the past. The whole credit system and how they play these games with points is messed up and quite mind blowing. But people like Desiree and the team was here to help guide us and become more conscious and knowledgeable and willing to help you out. It will take time for sure, but you'll get results if you stick with what they say and do.

  • DeLisa GuidryDeLisa Guidry

    Brandon is a very nice and qualify coach in helping people with their credit. He makes you feel confident in meeting your goal in becoming debt free and becoming financially stable. This company is no joke they can help you get your credit where it needs to be if you are willing to do your part as a consumer to fix what needs to be fixed to get you on the right track to becoming a House owner or get you a new car or just be debt free. Whatever you goal maybe please give them a try you want regret your decision.

  • Justice SmithJustice Smith

    Rachel is amazing. This company has been able to remove 18 things off my credit report that was negatively affecting me within 3 months. I wanted to understand the process more, just to ensure I’m getting my money worth and I called and spoke to Rachel, she was very knowledgeable and gave me great advice on the process, and how length of history works on credit, etc. very down to earth and pleasant voice. I will be discussing my case with her from now on. Thanks so much Rachel.

  • Shannon VardisShannon Vardis

    Working with Donovan and his team at UQUAL has been an absolute game-changer for our customers and our business. Their expertise and dedication to improving credit scores have helped countless individuals achieve their financial goals. Their personalized approach and commitment to transparency set them apart in the industry. We've seen remarkable results, with clients seeing significant improvements in their credit scores in a relatively short time. Their team is professional, responsive, and genuinely cares about the success of their clients. Partnering with UQUAL has been one of the best decisions we've made, and we highly recommend their services to anyone looking to rebuild their credit. Five stars all the way!

  • Jesse OropezaJesse Oropeza

    UQUAL is an amazing company. They definitely are not like other credit service companies that I have met and come across. They do more than just fix credit, they get you home loan ready. I can verify as a lender that I have seen their results and it's real. Ashli Griswold has personally been great working with me and my clients. She is amazing with follow ups and staying on top of it with updates. She is real, transparent and overall amazing at her job! Would recommend UQUAL to anyone looking for assistance with their credit and learning how to qualify for the homebuying process.