GET DSCR LOAN IN TEXAS

  • OUR DSCR LOAN BENEFITS:
  • PURCHASE – REFINANCE – CASH OUT
  • INVESTMENT LOAN
  • UP TO 85% LTV
  • NO INCOME REQUIRED
  • BUILD YOUR INVESTMENT PORTFOLIO

APPLY NOW!

Embark on a journey of financial success in the bustling Texas real estate market with CambridgeHomeLoan.com as your dedicated DSCR loan lender. Our expertise in Debt Service Coverage Ratio (DSCR) financing sets us apart as the ideal partner for real estate investors seeking tailored solutions in Texas. Understanding the intricacies of the Texas real estate landscape, we offer a perfected approach to lending that aligns with your unique needs. Whether you’re a seasoned investor or a newcomer to the market, our commitment to excellence ensures that your investment thrives. Explore the perfect blend of financial expertise and personalized support with CambridgeHomeLoan.com, your trusted DSCR lender in Texas. Let’s turn your property aspirations into prosperous realities.

DSCR Lender Texas. Texas’s Best and Fastest DSCR Loan Lender. Purchase, Refinance or Cash out refinance your investment property. Up to 80% LTV. Send us your DSCR loan scenario today! Close in 21 Days!

fix and flip home loans

PURCHASE

DSCR Lender Texas Purchase Loan

  • Up TO 85% LTV
  • No Income Investment Loan
  • Just use rental income to qualify!
  • Interest Only terms available
  • 30 and 40 year amortization options
cash out refinance

DSCR CASH OUT REFINANCE

DSCR Cash out Re-finance Loan

  • Up To 80% Cash Out
  • Build you portfolio today!
  • Low Rates, High Leverage!
  • Minimal Documentation
  • Fast Close!
cash out refinance

REFINANCE {RATE AND TERM)

DSCR Loan Texas

  • Refinance and reap the benefits.
  • No income or employment required! 
  • Up to 40 year amortization, 
  • Interest Only Options available.
  • Up To 80% LTV


The Premier DSCR Loan Lender in Texas.

Rental property investment loan option for long term cash flowing properties, up to 85% LTV

For investors who have an existing short-term loan looking for an opportunity to streamline to a 30 or 40 year term.

Debt Service Coverage Ratio (DSCR Loan Texas) for non-owner-occupied rental investment properties is the way to go.

Benefits of DSCR Loan in Texas

  • No evidence of personal income required
  • Maximize cash flow with 30 and 40 year interest only programs
  • Cash out to continue buying
  • Fast Close!
  • No verification of employment

CambridgeHomeLoan.com is the best DSCR loan lender in Texas! Purchase, Refinance or Cash out Refinance Today!

The Best DSCR Loan Lender in Texas and now serving Nationwide! From Fix and Flip Rental Refinance to Purchase, Cash Out and Construction Loans!!

dscr loan program

DSCR LOAN

Taking the first step on the real estate road to passive income and wealth? A rental property loan at a great rate can give you the momentum you need to grow your Texas real estate (Buy, Repair, Rent, Refinance, Repeat (BRRRR) business.

fix and flip loan programs

FIX TO RENT

Looking for a fix to flip or fix to rent bridge loan. Up to 90% of the purchase and 100% of the rehab. Closing 5-7 days!
Fix to Flip or Fix to Refi into a 30 or 40year DSCR loan and build your passive income.

rental loan

CASH OUT REFI

Looking to scale your real estate investment portfolio. Cash out and refinance into a 30 or 40 year loan.. Closing as fast as 21 days! Cash out for your next rehab project.

construction loan

CONSTRUCTION

Looking for a ground up construction loan? Are you a builder or investor building a spec house or a P.U.D.. Discuss your ground up scenario with us today. Fast Close Loans!

Requirement: How to obtain a Debt Service Coverage Ratio (DSCR) Loan from the best DSCR Loan Lender in Texas?

The only requirement for a DSCR investment loan in Texas is the assets ability to repay the debt on the loan. Typically a DSCR Loan lender in Texas will have a required ratio that needs to be met to qualify for the DSCR loan. 

 A 1x means that the cash flow of the property needs to cover 100% of the property expenses including the mortgage. Some lenders require the DSCR to cover 1.2 or 1.25 times. The higher this ratio the better for both the lender and the property owner. If your DSCR ratio is 1.2, than your properties cash flow covers 20% more than the properties expenses.

How to calculate your properties DSCR Loan In Texas:

 

DSCR= NOI (Net operating income) -Expense
 ___________________________
 Mortgage Payment 

Example: If The Income is $4000.00  Minus Expenses are $1,000.00=$3,000
 Mortgage Payment $2,000.00 divided by $2,000 (the mortgage payment principal and interest) = $1.5% or a  DSCR ratio =1.5% Anything over 1 means you are profitable.
Under 1 means that there is not enough cash to cover your expenses.

10 Best Areas for Real Estate Investors to Build Rental Inventory in Texas?

Texas, with its diverse economy and growing population, offers numerous opportunities for real estate investors looking to build a rental inventory. Here are ten of the best areas in Texas for real estate investment with a focus on building a robust rental portfolio:

  • Austin: Austin consistently ranks as one of the fastest-growing cities in the U.S., driven by its thriving tech industry and vibrant culture. The demand for rental properties remains high, especially in areas close to the city center and major employment hubs.
  • Dallas: Dallas is a major economic and business hub, attracting a steady influx of residents. Investing in rental properties in neighborhoods with good schools and access to amenities can yield strong returns.
  • Houston: Houston’s diverse economy, led by energy, healthcare, and aerospace industries, provides stability for real estate investors. Suburban areas in Houston, known for their family-friendly environments, are ideal for building a rental inventory.
  • San Antonio: San Antonio offers a mix of historic charm and modern amenities, attracting a diverse population. Investing in rental properties in neighborhoods with proximity to military bases, major employers, and cultural attractions can be lucrative.
  • Fort Worth: Fort Worth, part of the Dallas-Fort Worth metroplex, has experienced significant growth in recent years. Areas with a strong job market and a lower cost of living are prime for building a rental portfolio.
  • Plano: A suburb of Dallas, Plano is known for its excellent schools and family-friendly atmosphere. Rental properties in Plano, especially those catering to families and young professionals, can be lucrative.
  • Irving: Irving’s strategic location between Dallas and Fort Worth makes it a desirable area for renters. Proximity to major highways, airports, and corporate offices enhances the appeal for potential tenants.
  • McKinney: McKinney, one of the fastest-growing cities in the U.S., offers a blend of suburban charm and economic growth. Investing in rental properties in McKinney’s well-planned communities can provide a stable income stream.
  • Round Rock: Located near Austin, Round Rock is known for its strong job market and quality schools. The city’s population growth makes it an attractive option for building a rental inventory.
  • Sugar Land: As a suburb of Houston, Sugar Land is known for its affluent communities and top-rated schools. Rental properties in Sugar Land, particularly those catering to professionals and families, can yield favorable returns.

When considering investment in Rental market of Texas, it’s crucial to conduct thorough market research, analyze economic trends, and understand the unique characteristics of each area. Additionally, consulting with us can provide more insights of Texas rental market. 

Step By Step Texas DSCR Loan Application Process
 

 Step 1: Apply using the DSCR Loan Application Link Above

Second Step: Submit Your Documents

Company formation documents, operating agreement, 2 months of bank statements and a copy of the leases if any.

Third Step: DSCR Calculation and 1007 Rent Schedule

Once you submit the loan application, your lender will calculate the DSCR ratio, which must be greater than .85, to have your mortgage approved. Moreover, during the appraisal the lender will require a 1007 Rent Schedule to know the property’s fair market rent and ensure the property can sustain the mortgage with market rents.

Forth Step: Closing your DSCR Loan in Texas Funded

DSCR loans do not need information about your financial history; the application and closing procedure is considerably faster than those for other types of mortgage loan programs.

Once you are approved for the loan, you will be provided with the interest rate, monthly payment, and the closing costs. Once agreed, you will go through the underwriting process, sign the final documents and close the loan.

FAQs (FREQUENTLY ASKED QUESTIONS)
For more information contact the best DSCR Lender in Texas at 800-826-5077

DSCR Loan Texas FAQ’s

Generally there are no limits to how many DSCR Loans you can have at one time in Texas. Each lender typically has their own requirements. At CambridgeHomeLoan.com you are only limited by the financial health of the borrower.

Yes, DSCR can be improved by increasing a property’s net operating income (e.g., by raising rents or reducing expenses) or by reducing the debt service (e.g., refinancing at a lower interest rate). Property owners can also enhance the DSCR by using surplus income to pay down the principal on the debt and by creating additional streams of income like laundry, parking and storage income.

DSCR is calculated by dividing a property’s net operating income (NOI) by its annual debt service. The formula is typically: DSCR = NOI / Debt Service, where NOI is the income generated by the property, and Debt Service includes both principal and interest payments on the property’s debt.

DSCR stands for Debt Service Coverage Ratio. It is a financial ratio that measures a borrower’s ability to cover their debt payments, including principal and interest, with their net operating income. DSCR is a critical factor in assessing the risk associated with lending or investing in real estate.

The DSCR loan Texas allows you to acquire various property types including single family residences, multifamily, office and industrial properties

Although a DSCR loan focuses primarily on the cash flow of the asset there are minimum FICO requirements that change depending on the market. The FICO score can be lower in many cases if the down payment is higher. 

The best way to get started with a DSCR Lender Texas is to first fill out a DSCR Loan application . Once the application is submitted you will be asked to submit due diligence. Company formation documents, 2 months bank statements, a lease if available and a copy of your drivers license. Your loan processor will contact you to help with your documentation and through closing.

A DSCR of 1.25% means that there is sufficient cash flow to cover the loan payments and other debt obligations. Specifically, a DSCR of 1.25 indicates that for every $1.25 in annual loan payments, there is $1.00 of net income available to pay those debts after accounting for all operating expenses (including taxes and depreciation).

A no DSCR loan Texas is a DSCR Loan that does not require the borrower to have a  DSCR of 1.0 or higher. Another words,  the borrower does not need to be bringing in enough income to cover their monthly debt payments. A No DSCR loan is typically used by investors that are expanding or taking on new projects, rehab projects and value add properties, as they may not have the income currently necessary to meet all their debt obligations.

Cash out refinance 80% of your properties current value.

BRRRR Method Friendly. No seasoning period required!

APPLY NOW!

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