What is a Loan Readiness Score?

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Cartoon design showing 5 people with one of them showing a thought bubble above their head that has a drawing of a house.

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. 

Click Here For Your FREE Consultation!
  • Vicky ConawayVicky Conaway

    I have been a customer since 2016. Yes this company is worth it. I never Have to wait on hold when i call. The platform is easy to navigate through. My credit score used to be in the 500’s and is now is the middle green bar 🙏🏼. With barely any money to pay back. Would highly recommend Chris. He told me how to navigate everything and told me what everything on the platform is. Thank you Chris for helping us out.

  • StephanieStephanie

    My experience with UQUALL has been phenomenal. "Rose" my awesome loan readiness coach is so patient. She takes the time to explain your credit progress step by step. This company has truly been a blessing and I'm one step closer to purchasing my dream home.

  • Valerie GreenValerie Green

    Brian is an absolute pleasure to work with! He is extremely knowledgeable, friendly, and easy to talk to. He explained things to me thoroughly, in a way that I could understand. I feel comfortable and confident executing my plans to further my success in reaching my goals!! Thank you Brian, for being an AWESONE COACH! 🎊

  • James O'DonnellJames O'Donnell

    Marquises was amazing I enjoyed talking with her very much. She was very easy to understand and walked me through my credit report very articulately. I’ve found no matter who I call their, all the employees as well as the manager are super vibrant and explain things very well! If you need help with credit repair, I would highly recommend them.

  • irane diazirane diaz

    The customer service provided by Jazmine was nothing less than amazing! She was able to answer all my questions and gave me great advice and guidance. I look forward to doing my follow up with her ! Thank you so much for your time and all the help !