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No income verification loans
Qualify for a Texas rental property loan on the property’s rent. No tax returns, W-2s, pay stubs or debt-to-income ratio.
Get my termsTexas DSCR loansSee your loan amount in seconds
Qualify on the rent, not your income. Send the deal and a loan officer follows up with your rate and terms.
Estimate only. Loan amount is up to 85% of the purchase price on purchases, or up to 80% of the appraised value on cash-out refinances. Minimum loan $150,000. Rate and final terms depend on the property, the rent and your credit. Business-purpose loans on investment property in Texas.
How we qualify you without income documents
A DSCR loan replaces your personal income with the property’s income. We compare the monthly rent with the monthly payment. If the rent covers it, the property supports the loan. That is why self-employed investors and investors with big write-offs use DSCR loans.
What still matters
- The property and its rent
- Your down payment or equity: up to 85% LTV on purchases, 80% on cash-out
- Your credit estimate
- Reserves in the bank
This is for investment property only. It is not available for a home you live in.
Questions investors ask
Is this a stated-income loan?
No. We do not use your income at all. The loan is qualified on the property’s rent.
Can I use it for my primary home?
No. It is for investment property only.