Pylon’s Buybox Overview

Updated Guidelines — Limited Time Only

Pylon is currently narrowing its underwriting buy box to help optimize for faster turn times and train our AI underwriting systems toward quicker conditional approvals on clean files.

Our current focus is on straightforward conventional W2 borrowers with clean income documentation and standard loan structures.

Strong Fits (Send These Now)

Eligible Loan Types

• Conventional loans only

• Conforming

  • Including HomeReady and Home Possible

• Jumbo

• Purchase + Refinance

• Family Opportunity Mortgages (for W2 borrowers)

Eligible Income Types

• W2 income

• Bonus, commission, and tip income with 2-year history

• Rental income only for:

  • Departing primary residences (lease agreement + 1007 required)

  • Investment property purchases with documented rental history

Ideal Borrower Profiles

• 650+ credit score

• Clean income and asset documentation

• Standard owner-occupied and investment scenarios

Not Currently Eligible

Income Types Not Supported

• Self-employed income

• 1099 income

• Asset depletion

• Social Security income

• Pension income

• 401k / IRA distributions

• Military allowances

• Alimony

• Child support

Loan Structures Not Supported

• FHA or VA loans

• Piggyback loans

• Temporary buydowns

• Upfront PMI premiums

Not licensed in

• DC

• HI

• MA

• MO

• NV

• NY

• RI

• VA