DSCR loans in Texas
Texas DSCR loans for investors who hate tax return underwriting.
Texas is the population growth story of the decade. DFW, Houston, San Antonio, and Austin all draw out of state capital.
All loans subject to credit and underwriting approval. Not all applicants will qualify. Rates, terms, and program availability are subject to change without notice. This page is for general education and is not an offer to lend or a commitment to make a loan. Travis Penny, NMLS ID #1649161, is a mortgage loan originator with Vision Mortgage, LLC, NMLS #1286953. Equal Housing Opportunity.
No tax returns
Qualify on the property's rent. W2, 1099, business owner, retired, all welcome.
20 to 25 percent down
Standard DSCR structure. Single family, two to four unit, condo, and short term rental friendly.
Close in an LLC
Title in a single member LLC is normal. Asset protection without the hoops.
Why Texas works for DSCR
Property taxes are the highest in the country, which crushes DSCR if you do not run the numbers right. I always quote tax based on assessed, not list.
What the math usually looks like
Most metros need 30 to 35 percent down to clear 1.0 DSCR. Suburban San Antonio and Houston tertiary markets are the easier paths.
Texas markets I close in
Houston, Dallas, Fort Worth, San Antonio, Austin metro, Killeen.
Run your own numbers
Use the DSCR calculator to see if a deal pencils before you write the offer. Then book a call and we'll structure it.
Quick checklist
- No tax returns or W2s
- Qualify on rent (DSCR ratio)
- 20 to 25 percent down
- Single family, 2 to 4 unit, condo
- Short term and long term rentals
- Close in an LLC
Keep exploring
Want a real human to walk you through this?
I'll lay out your options in plain English. No pressure, no scripts.