TExas investor loanssince 2004

Specializing in Loans for Real Estate Investors since 2004. ******tell us your investment (PRE QUAL) scenario ****click(short online qualifier) (for all investor loans and portfolio/alternative loans. A fully completed (full (standard residential investor loan applicatio 1003 ) is required. After you complete the the Pre-Qual (step 1) you will be directed to our full application (step 2).

December UPDATE - Some of our Texas Loan programs have updates , many of these we can fund in most states.

80% LTV must cashflow (hybrid underwrite) Need DSCR of 1.2 (bank statements and 1 or 2 year tax returns ) no min credit
75% state loans with 650 – Did you know there are stated income loan levels (using property cashflow and no income (no borrower and no property income)
Small loans to 50k are back with 630 credit and 65% LTV MAX (ltv applys to loans under 75k), rent needs to cover PITI

***(no credit, low, good, foreign national, llc, non recourse, ira, recent bk, foreclosure and more.)

SOFT Money (Non Bank Qualifying) , Fixed for 30 years - Whatever fits your need - 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)

**Stated Income" (no tax returns or 4506) loans, no credit min,

**Non Recourse Loans for your IRA - (SFR rentals, commercial vacation rental property as well) - use standard application

***Anayze your rental property loans - (Landlord -Income Property Loan ,rental property analyzer. (shows borrower -investor how your property performs against debt (calculates DSCR)

 

Financing options for the Texas Real Estate Investors & Landlord

Texas Investor loans - our mission , providing the 3 basic financing strategies for landlords and real estate investors. Depending on the investors need (long term, rehab, bank - non bank, owner finance) we are able to structure a solution. We are different in that we are part of the underwriting process and offer a candid consultation on what can be realistically funded.

***Note many of these loans for investors are now available in almost all states- ask***

Whether you wish to finance one property or build a portfolio we have a solution. Learn your options, be prepared and consider asking for a loan is like interviewing for a job.

 

BASIC SOURCES OF INVESTMENT PROPERTY FUNDING (Our services )

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)

 

HARD MONEY BLOG (see many articles regarding hard money and alternative lending)

Foreign National Loans for Investors - up to 65% of value (long and short term loans)