Houston Investor Loans
- Loan Size:
- Loan Term:
- Property Type:
- Occupants:
Fix & Flip
- Loan Size: Up To $1MM
- Loan Term: 6 Months
- Property Type: 1-4 Family
- Occupants: Non-Owner Occupied
Fix & Rent
- Loan Size: Up To $750K
- Loan Term: Month 13+ - Long term based on qualifications
- Property Type: 1-4 Family
- Occupants: Non-Owner Occupied
Rental
- Loan Size: Up To $1MM
- Loan Term: 5, 20, 30 Year Options
- Property Type: 1-4 Family
- Occupants: Non-Owner Occupied
Wrapable
- Loan Size: Up To $1MM
- Loan Term: 20 Years
- Property Type: 1-4 Family
- Occupants: Non-Owner Occupied
Top Texas Markets
Houston Fix & Flip Loan Packages
| Fix & Flip A | Fix & Flip B | Fix & Flip C | Fix & Flip D | One Time Close - Fix to Rent |
| 1-4 Family, Non-Owner Occupied | ||||
| LLC Ownership Only | ||||
| 6 Month Term Interest Only | 6 Month Term Interest Only | 6 Month Term Interest Only | 6 Month Term Interest Only | 12 Months: Interest Only Month 13+: Long Term Rate Based on Qualifications |
| Up To 1MM Loan Size | Up To 750K Loan Size | Up To 750K Loan Size | Up To 750K Loan Size | Up To 750K Loan Size |
| 740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | No Credit Score Minimum | 600+ Credit Score |
| 70% LTV | 70% LTV | 70% LTV | 65% LTV | 70% LTV |
| 100% LTC | 100% LTC | 100% LTC | 100% LTC | 100% LTC |
| 25% of Rehab Cash on Hand Required | 25% of Rehab Cash on Hand Required | 25% of Rehab Cash on Hand Required | 25% of Rehab Cash on Hand Required | 25% of Rehab Cash on Hand Required |
| 2.75 % at Closing | 3.5 % at Closing | 4 % at Closing | 4 % at Closing | Close Only One Time - 5 % |
Houston Rental Loan Packages
5 Year Rental
| 5/20 Rental A | 5/20 Rental B | 5/20 Rental C | |
| 1-4 Family, Non-Owner Occupied | |||
| 5 Year Balloon Payment, 20 Year Amortization | |||
| Fixed Rate Loan | |||
| LLC Ownership Only | |||
| Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
| 740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
| 70% LTV | 70% LTV | 70% LTV | |
| 100% LTC | 100% LTC | 100% LTC | |
| 1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
| 2.75 % at Closing | 3.5 % at Closing | 4 % at Closing | |
20 Year Rental
| 20/20 Rental A | 20/20 Rental B | 20/20 Rental C | |
| 1-4 Family, Non-Owner Occupied | |||
| No Balloon Payment, 20 Year Amortization | |||
| 36-Month Adjustable Rate Mortgage | |||
| LLC Ownership Only | |||
| Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
| 740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
| 70% LTV | 70% LTV | 70% LTV | |
| 100% LTC | 100% LTC | 100% LTC | |
| 1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
| 2.75 % at Closing | 3.5 % at Closing | 4 % at Closing | |
30 Year Rental
| 30/30 Rental A | 30/30 Rental B | 30/30 Rental C | |
| 1-4 Family, Non-Owner Occupied | |||
| No Balloon Payment, 30 Year Amortization | |||
| 36-Month Adjustable Rate Mortgage | |||
| LLC Ownership Only | |||
| Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
| 740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
| 70% LTV | 70% LTV | 70% LTV | |
| 100% LTC | 100% LTC | 100% LTC | |
| 1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
| 2.75 % at Closing | 3.5 % at Closing | 4 % at Closing | |
Houston Wrapable Loan Packages
| 20/20 Wrapable A | 20/20 Wrapable B | 20/20 Wrapable C | |
| 1 Unit Single Family, Non-Owner Occupied | |||
| No Balloon Payment, 20 Year Amortization | |||
| Fixed Rate Mortgage | |||
| LLC Ownership Only | |||
| Up To 1MM Loan Size | Up To 1MM Loan Size | Up To 1MM Loan Size | |
| 740+ Credit Score | 680-739 Credit Score | 600-679 Credit Score | |
| 70% LTV | 70% LTV | 70% LTV | |
| 100% LTC | 100% LTC | 100% LTC | |
| 1.35 Minimum DSCR | 1.35 Minimum DSCR | 1.35 Minimum DSCR | |
| 2.75 % at Closing | 3.5 % at Closing | 4 % at Closing | |
Resources to help make you successful.
Loan Servicing
. If you are going to finance the sale of a property yourself, a loan servicer is essential to ensure everything is done legally and correctly.
Common Myths Regarding Hard Money
There are many misconceptions regarding hard money lenders in the real estate industry today, and yet for those in the know, it continuously proves to be a real estate investor’s biggest asset. Do not be put off by the stigma surrounding the word “hard money” or by stories you’ve heard about a friend of a … Read more
What Investors Should Know About Title Commitments
What is a Title Commitment and Why Do Investors Need One? The title commitment for insurance is the insurers promise to issue title insurance after closing and should be carefully reviewed and understood. It is essentially a disclosure document that outlines any issues/requirements that need to be addressed prior to closing as well as any … Read more
ARV, LTV and LTC: What Does it All Mean?
Lenders often use these acronyms to define their loan products. Understanding these terms will help you to choose the right lender for your project. ARV: After Repair Value This term is used by appraisers to tell the value of a structure once all items on the scope of work (SOW) have been completed. Most lenders … Read more
Debt vs. Equity
With so many options out there for real estate investors to choose from, understanding the pros and cons of debt vs. equity deals will help you make an informed decision. What is a Debt Deal? When investing in a debt deal you are the lender on a property. In exchange, you are promised a set … Read more
The In’s and Out’s of Due Diligence
The Importance of Due Diligence When investing in real estate proper due diligence is one of the most important keys to success. There are many issues that can arrive after closing that could have been prevented with a little homework. Thankfully, many professional underwriters and lending companies will aide in this endeavor once a contract … Read more
Calculating DSCR
If you are a part of the real estate investing world, then you probably have heard that properly calculating a property’s debt to service coverage ratio (DSCR) is crucial. If you are newer to investing, you may wonder why it is so important. Lenders use this equation to determine if a rental investment property’s cash … Read more
How to Add Value to Investment Properties
Everyone wants to get the most BANG for their buck when it comes to real estate investing, but where to start can be overwhelming. Luckily, there are a few simple things you can do to accomplish just that and increase the value of your fix and flip property. Add a fresh coat of paint. The … Read more
Commercial Real Estate Terms Investors Should Know
Commercial real estate is in a league of its own when it comes to the real estate world. Evaluations, terminology, due diligence, and requirements all change when one ventures into this type of investment. Here are a few popular terms to help you feel more confident in this arena: Real Estate Broker – A licensed … Read more
How To Start Investing in Real Estate
Thinking of investing in real estate, but not sure how to begin? First and foremost, know that you are not alone. Real estate investing is a great way to build your wealth, but when you have little to no experience it can seem a bit overwhelming. Do Your Research. We have all heard the old … Read more
Questions Investors Should Ask Prospective Lenders
Hard money lending is a quick and easy financing solution to fund real estate investments, such as rental properties, rehab financing, fix and flips and even commercial bridge loans. Finding the right lender to meet your unique needs is not always easy. Here are some questions to ask when determining the right lender for you … Read more
ARV: What It Means and Why It’s Important
In real estate ARV is short for after repair value, or the estimate of a property’s value after all repairs and upgrades are completed. For real estate investors, especially those who flip houses, this number is important because it calculates the margin between the “as-is” value of the desired investment property and the value of … Read more
New Year’s Resolutions for Real Estate Investors
A new year is the perfect time to reflect on the past year and celebrate your achievements, identify areas with room for improvement, learn from the setbacks and move forward. It’s also the perfect time to set new goals and come up with attainable resolutions both personally and professionally. For real estate investors looking to … Read more
Hard Money Loans Made Easy
There are many financing options for real estate investors available today. One of the most popular options has become the hard money loan. A hard money loan is a loan collateralized by a hard asset (in most cases this would be real estate). One of the biggest differences between a hard money loan and a … Read more
Advantages of Investing in Rental Properties
There is no doubt that when done right, investing in real estate can be very lucrative. Whether you invest in fix and flip properties, notes, commercial or rental properties, the payoff can be huge. There are many advantages of investing in rental homes you should know about if you are considering becoming a landlord. Leverage … Read more
House Flipping 101
Whether you’re looking for a new career or just a way to make money on the side, flipping houses can be profitable and rewarding if done right. In 2019 approximately 245,864 homes were flipped in the United States. The median gross flipping profit on home flips in the fourth quarter of 2019 was $62,500. Sounds like … Read more
Different Types of Investment Loans for Real Estate Property
Do you know the different real estate investment loans? Learn more from Investor Loan Source, a top investment property lender offering loans nationwide. Are you planning on investing in real estate? There are primarily two ways to do this, either with cash or with an investment loan. Not all real estate investors have cash on … Read more
Determining Fair Market Rent for Your Rental Property
At Investor Loan Source, we’re here to help you get the funds you need to invest in real estate. Rental properties can be an excellent source of income, and our real estate investor funding is a great way to get one or more rental properties under your belt so that you can begin collecting rent. … Read more
Home Staging Tips for Fix and Flip Properties
You’ve worked hard getting your fix and flip renovations done so you can get your investment property on the market. But before you begin showing your flip, there is one important step you may not want to skip that can maximize your return on investment – staging the home. Many studies show that not only … Read more
Money Maker or Money Pit?
Red Flags to Look for Before Buying Your Next Fix and Flip Property For fix and flip real estate investors, there’s nothing better than finding that perfect “diamond in the rough” property. It’s like a dream come true. It’s in the perfect location at the right price, but is what we like to call “an … Read more