Investment Property Loans in Texas

What Kind of Texas Investor / Landlord mortgages  :

  • The following 2 categories (portfolio loans , both institutional grade and private funds are our specialty) 
    1. Portfolio Loans : Typically Banks, Credit Union, Life insurance companies and some non bank private funds (These are not mortgage banks) – Portfolio , or Balance Sheet lending loans , These are “story” loans. Maybe you have been turned down because you are self employed, or fluctuations in income. If your “story” is strong, meaning you have explanations, good cash reserves, compelling experience, other we can make loans that conventional mortgage banks cannot (again , a initiation of govt. insured mortgages) .

     

    2..****(THE MOST FLEXIBLE ) Private (non institutional ) – hard money ,Non Bank: (Hedge Funds, Private individuals and small funds,even crowd funding)- higher rates (6% +plus) but if you have recent poor credit, not much income to show , out town owner of rental property , or other reasons these may be the best option.(1-4 unit investment rentals).

     

    “no income” loans and stated loans would fall under this category.

     

    ***STATED INCOME LOANS AND BANK STATMENT LOANS ARE AVAILABLE WITH PRIVATE LENDING (More Non – bank loans) –

     

    IF YOU HAVE A RENTAL PROPERTY LOAN REQUEST CLICK BELOW – SAME DAY RESPONSE ON YOUR PREQAUL: (loan submission below)

     

    Quick Scenario – (our basic loan submission form)- Click and answer a few quick questions, this is also very good supplement to our full loan application. (This will tell us the quick story on the investor and the potential subject property)

     

    Do you need hard money for fix and flip – (rehab to rental), fund purchase and repairs then convert to a long term loan. : This is our hard money in Texas site for rehab-hard money , Urban Coyote Funding -Texas Rehab Loans) . All investors of real estate will at some point need a short term (hard money- rehab loan) , so please save site for your rehab loans.

     

    Land Lord & Rental property scenario (click here)- send us your scenario (RENTAL PROPERTY FINANCING SUPPLEMENT)

    quick application for investment property loans) – this asks specific questions about your property.

     

    Specializing in rental property Loans in Texas for Real Estate Investors since 2004

     

     

     

    **we need the “story”(the history and proforma of your investment property) of your deal – we are consultants & lenders – (what is value, loan amount, rent and expense- DSCR)? you may need a loan that does not use property cash flow or borrower income? (see more on investor loan programs and requirements)

     

    SOFT Money (Non Bank Qualifying) , Fixed for 30 years – Whatever fits your need (rates from 4.5% – These loans are for the investor who “just misses” bank qualifications. Maybe you own 10+ properties, self employed, had bk or foreclosure in last 4 years. Hybrid underwriting- good for self employed investors or those not showing enough on tax returns (they use bank statements , property cashflow and tax returns). Even long term loans for those with scores under 600 (rates are in 8s for under 600 scores)

     

    1. You have quick request?, tell us your investment (Step1)loan scenario only- not an applicatiion, but scnario pitch****click(short online qualifier) (for all investor loans and portfolio/altern

RATES:

  • Vary from 5 to 10% (pending size, complexity, and overall deal strength)
  • Loans from 75k – 2 million (can be more)
  • 1 year to 30  year loans

Texas and select states