Revolutionizing Rental Property Financing

Investors frequently aim to broaden their rental portfolios. Yet, the stringent income criteria and burdensome documentation imposed by numerous moneylenders can hinder qualification. At Texas Lending Group, we prioritize property-generated income over the need for tax returns or unrelated income sources. Also, rental property loans boast significantly higher loan-to-values, ensuring more substantial cash-out to DSCR and BRRR investors.

The ideal time to consider a DSCR loan is when you're a landlord looking for flexible terms and a streamlined qualification process. These loans also cater to professional landlords with aspirations of owning (even if they already own) ten or more investment properties. Unlike many other hard moneylenders that set property limits and stringent income criteria for rental properties, Texas Lending Group offers more accessible long-term rental loans. Leveraging a network of diverse wholesalers and investors, we customize solutions tailored to your specific needs.

Our specialized RENTAL loan product is an industry-leading DSCR Loan solution for cash-flowing investment properties. Whether you aim to enrich your portfolio through acquisitions or seek to leverage equity via refinancing, we offer tailored loans to suit your needs. Additionally, we excel in short-term rentals, catering to properties designated for short-term rentals or vacation homes. Our flexible and highly competitive terms facilitate successful deals. The breadth of our DSCR Lending Program accommodates a diverse range of investors, from newcomers exploring investment avenues to seasoned professionals eager to expand their portfolios. We assure a seamless and efficient process, confident in our ability to secure excellent loan options for you.

DSCR & BRRR Programs

  • Loan Amounts: $200,000 to $3.5 million (For Blanket Portfolio Loans, up to $5 million) Rates: Starting from 6.99%
  • Where do we lend?: TEXAS and nationwide*
  • Property Types: Residential, Short-Term Rentals, Vacation Rentals
  • Occupancy: NON-owner occupied, Long-Term, Medium-Term, or Short-Term Rentals; Vacancy accepted (for Acquisitions); no prior operating history needed for Short-Term Rentals
  • Loan Structure: 30-year Fixed Rate and Adjustable Rate Mortgages (ARMs), Flexible Prepayment Penalties, Partial Interest-Only (IO) for 10 Years Available, Entities (such as LLCs) and partnerships welcomed
  • Loan-to-Values (LTVs): Up to 80% (for Acquisitions/Rate-Term Refinances), 75% (Cash-Out Refinances).
  • Debt-to-Income Ratio (DTI): Not Evaluated (Our assessment doesn't involve tax returns or scrutiny of personal income/finances)
  • Debt Service Coverage Ratio (DSCR): Minimum of 0.75x
  • Credit Score Requirement: Minimum of 660 (with some exceptions)
  • Fees & Deposits: Closing Fee ranging from 0% to 3%, $1,000 Underwriting Fee, $1,500 Pass-Through Deposit (covering third-party loan costs). The fees vary slightly by lender and program and will be fully disclosed upon application--before you spend a dime