Texas Rehab Loans Program
New investor program for customers that feature no FICO minimums and no prepayment penalties. It offers longer terms with a 5 year balloon on all loans!
Program Highlights
- Lending area: San Antonio, Dallas, Austin and El Paso metro areas only
- Close in as little as 7 days (14-21 days on average)
- No Survey Required
- All types of residential real estate
- Loan amounts between $40,000 and $400,000
- Stated income and stated asset programs. No income verification.
- No FICO Minimums
- Purchases only
- Will lend as much as 95% of purchase price and 65% of the after-repaired value on purchases
- Competitive hard money rates: From 11.99% interest rate, 3.0-5.0 points plus doc fees and title fees
- NO prepayment penalty
- Sleep better with longer terms! Up to 5 Year balloon on all loans!
Complete the following Rehab Online Submission Form to begin the process:
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