DSCR RENTAL LOANS – TEXAS
Belcanto Capital offers long-term debt service coverage ratio (DSCR) loans to real estate investors who wish to grow their property portfolio in Texas. A DSCR loan is based on the cash flow of the property without income verification of the borrower. It’s a perfect part of the BRRRR strategy – use a DSCR loan for a cash-out refinance after rehab.
Belcanto Capital offers long-term debt service coverage ratio (DSCR) loans to real estate investors who wish to grow their property portfolio in Texas. A DSCR loan is based on the cash flow of the property without income verification of the borrower. It’s a perfect part of the BRRRR strategy – use a DSCR loan for a cash-out refinance after rehab.
Texas Areas Served
Any investment property in an urban or suburban setting in TX may potentially qualify for a DSCR loan. These are the most common markets:
- Houston
- Dallas-Fort Worth metroplex
- San Antonio
- Austin
- El Paso
Basic DSCR Loan Terms
- Property types: residential 1-8 units
- Loan amounts from $75,000
- 80% LTV purchase/75% Cashout
- 30-year fixed or 5/7/10 ARM (I/O)
- Rates from 6.5%
- Minimum FICO 660
- No income verification
- Low fees and costs
DSCR Ratio = Rental Income / (Principal + Interest + Taxes + Insurance)
LONG-TERM LOAN SOLUTIONS
RENTAL (1-4 UNIT)
Purchase or refinance of 1-4 unit properties based on the cash flow performance of the property (DSCR-type rental loan) so you can quickly add doors. Includes cash-out refinance options (BRRRR method)
RENTAL (5+ UNITS)
Purchase or refinance of 5+ unit properties based on the cash flow performance of the property (DSCR-type rental loan) to scale up your portfolio. Includes cash-out refinance options (BRRRR method)
RENTAL PORTFOLIO
Purchase or refinance of a collection of rental properties based on the cash flow performance of the properties (DSCR-type portfolio loan) for terms of 5 to 30 years, including cash-out options
Ready to get started in Texas?
Let’s discuss your specific project scenario in TX