Search
Imagine unlocking the door to your very first home, reducing your monthly mortgage payments, or seamlessly consolidating debt. My team and I are dedicated to turning this dream into your reality. We offer personalized guidance to match you with a loan program that aligns perfectly with your financial goals and lifestyle.

Our approach simplifies the mortgage loan process, making it more transparent and less daunting. We're committed to guiding you every step of the way, ensuring a smooth and stress-free journey to your financial milestones.

​Don't just dream about a better financial future – take the first step. Pre-qualify for your mortgage today and discover the possibilities!

Loan Programs

Fix and Flip - Residential

A short-term loan designed for investors to purchase and renovate residential properties for resale. It provides quick funding for homes that need repairs or upgrades.

DSCR Refinance: Residential

A refinancing option for residential investment properties based on the Debt Service Coverage Ratio (DSCR). It helps optimize loan terms, lower interest rates, and access equity by assessing property income against debt obligations.​

DSCR Purchase: Residential

A loan program based on the Debt Service Coverage Ratio (DSCR) for buying residential investment properties. It ensures that the property's income can sufficiently cover mortgage payments.

Land Acquisition

SBA

A versatile SBA loan program for various business purposes, including working capital, expansion, and equipment purchases.

Groundup Construction

A financing solution for building new residential or commercial properties from the ground up. It provides funds for land acquisition, construction costs, and related expenses to complete the project.
​

​Fix and Flip: Commercial

A loan tailored for investors to acquire and refurbish commercial properties. It offers the necessary funds for purchase and renovation to increase the property's market value.

DSCR Refinance: Commercial

A refinancing option for commercial properties using DSCR to evaluate income against debt. It helps in lowering interest rates, extending loan terms, or accessing property equity.

DSCR Purchase: Commercial

F.A.Q

  • Fix and Flip - Residential
  • Groundup Construction
  • SBA
  • DSCR Refinance: Residential
<
>
  1. How do rehab loans work?
    1. Rehab loan work through a draw process. This means you need to have money to start the project. Then you would request a draw from the rehab portion holdback.
    2. Each draw requires an inspector to go out to the property
  2. How much is the draw inspection cost?
    1. $150 - $250 depending on the programs
  3. What are the typical terms of a fix and flip loan?
    1. Fix and flip loans usually have terms of 6 to 18 months, with interest-only payments during the loan term.
  4. What is the interest rate on a fix and flip loan?
    1. 9.99% to 14%
  5. How much can I borrow with a fix and flip loan?
    1. Up to 70% of the ARV
  6. What is the ARV (After Repair Value)?
    1. ARV is an estimate of a property's value after all planned renovations are completed.
  7. What are the qualifications for a fix and flip loan?
    1. Credit score varies from the program
    2. No Background
    3. No Bankruptcy
  8. What documentation is required for a fix and flip loan?
    1. Proof of Fund – last 2 months of bank statements
    2. Credit report
    3. Detailed renovation budget
    4. Company Documents: Articles of Incorporation, Article of Formation, EIN, and Executed Operating Agreement
    5. Executed Purchase Agreement
    6. Pictures – Inside and Outside
    7. Comparable Market Analysis (CMA)
  9. Are there any fees associated with fix and flip loans?
    1. Origination fees
    2. Appraisal fees
    3. Closing Cost
    4. Down Payment
    5. Title
    6. Insurance
    7. Tax
  10. Can I use a fix and flip loan for multiple properties at once?
    1. Yes – depending on the strength of the borrower
  11. Do you provide gap funding?
    1. No
  12. Do you allow gap funding or a second on the fix and flip loan?
    1. Depend on the scenario and approved by management
  13. Are there any upfront fees?
    1. Yes – Appraisal is required
  14. Can I use a fix-and-flip loan for properties outside my local area?
    1. Yes – we can finance across all 50 states
  15. How do you determine the ARV of the property?
    1. Appraisal report based on similar sold comparable within 1 mile of the subject property.
  16. Do I need experience in flipping houses to get a fix and flip loan?
    1. No
  17. Can I choose my own title company or closing attorney?
    1. Yes
  18. How long does it take to close?
    1. 48 hours after the title and conditions are clear
  19. How many fix and flip programs are available for investors?
    1. No Credit Score – TX, AZ, CO, TN, GA
    2. 100/100 for New Investor (Capped at 70% ARV)– Alabama, Arkansas, Indiana, New Mexico, North Carolina, Ohio, Texas, Missouri, and Georgia
    3. 100/100 and Deferred Payment – Available for experienced investors and credit above 700.
  20. How quickly can I get pre-approved for a fix and flip loan?
    1. 48 hours
  • What is a ground-up construction loan?
    • A ground-up construction loan is a type of loan used to finance the construction of a new property from the ground up, covering costs from land purchase to project completion.
  • How do ground-up construction loans work?
    • As construction milestones are met, these loans provide funds in stages, or draws. Borrowers only pay interest on the amount disbursed until the project is complete.
  • What are the eligibility requirements for a ground-up construction loan?
    • Credit score: 640 or higher
    • Must be shovel-ready
  • What initial documentation is needed to apply for a ground-up construction loan?
    • Application
    • Details Construction budget
    • Approved Plans
    • Approved Permit
    • Approved Specs
    • Current Mortgage Payoff
    • Last 3 months of bank statements
  • How much can I borrow with a ground-up construction loan?
    • Up to 70% of the ARV
  • What is the interest rate on a ground-up construction loan?
    • 10 – 13%
  • What is the typical down payment required for a ground-up construction loan?
    • 20% to 30% of the total cost of the project
  • How are funds disbursed in a ground-up construction loan?
    • Funds are disbursed in phases, called draws, aligned with project milestones such as land purchase, foundation, framing, etc.
  • What is the loan term for a ground-up construction loan?
    • Loan terms typically range from 12 to 24 months, depending on the project’s duration.
  • Do I need a construction contingency reserve?
    • Atleast 10%.
  • What insurance is required for a ground-up construction loan?
    • Typically, builders’ risk insurance and general liability insurance are required to protect against construction-related risks.
  • Can I act as my own general contractor?
    • No
  • What are the fees associated with a ground-up construction loan?
    • Appraisal
    • Draw Inspection
    • Origination Fee
    • 3 parties closing costs
    • Environmental Report
  • Can I use a ground-up construction loan for a commercial project?
    • Yes
  • What is an SBA loan?
    • SBA loans are small business loans partially guaranteed by the Small Business Administration (SBA) and issued by participating institutions
  • What are the types of SBA loans available?
    • SBA-7A and SBA 504
  • What is the maximum loan amount I can borrow with an SBA loan?
    • The maximum loan amount varies by program: up to $5 million for 7(a) and 504 loans.
  • What can I use an SBA loan for?
    • ​​SBA loans can be used for various purposes including working capital, equipment purchases, real estate acquisition, business expansion, and refinancing existing debt.
  • What are the eligibility requirements for an SBA loan?
    • Eligibility depends on factors like the nature of the business, creditworthiness, financial history, and ability to repay the loan. The business must also meet SBA size standards.
  • How long does it take to get approved for an SBA loan?
    • 60 days
  • What is the down payment requirement for SBA loans?
    • Down payments typically range from 10% to 30% of the loan amount, depending on the loan type and lender requirements.
  • What are the repayment terms for SBA loans?
    • Repayment terms vary: up to 25 years for real estate, up to 10 years for equipment,
  • Can I refinance existing debt with an SBA loan?
    • Yes, SBA loans can be used to refinance existing business debt under certain conditions, often to secure better terms or rates.
  • What is an SBA 7(a) loan?
    • The SBA 7(a) loan is the most common loan program, offering flexibility for a variety of business purposes including working capital, equipment purchase, and real estate.
  • What is an SBA 504 loan?
    • The SBA 504 loan program provides long-term, fixed-rate financing for major assets like real estate and equipment. It involves a lender, a Certified Development Company (CDC), and a borrower.
  • What happens if I default on an SBA loan?
    • Defaulting on an SBA loan can lead to legal action, asset seizure, and significant impacts on personal and business credit.
  • What is DSCR and why is it important for refinancing?
    • DSCR stands for Debt Service Coverage Ratio, which measures a property's ability to cover its debt obligations. Lenders use it to assess the risk of refinancing.
  • How is DSCR calculated?
    • DSCR is calculated by dividing the property's net operating income (NOI) by its total debt service (principal and interest payments).
  • What is a good DSCR for refinancing a residential property?
    • A DSCR of .75 or higher is generally considered good, indicating the property generates 25% more income than its debt obligations.
  • Can I refinance with a DSCR below 1.0?
    • Yes
  • How does DSCR refinancing differ from traditional refinancing?
    • DSCR refinancing focuses on the property’s income rather than the borrower’s personal income, making it suitable for investment properties.
  • What types of properties are eligible for DSCR refinancing?
    • ​SFR
    • Duplex
    • Condo
    • Townhouse
    • Triplex
    • Fourplex
    • Warehouse
    • Retail 
    • Office Buildings
    • Apartment Complexes
    • Office Buildings
  • Can I use projected rental income for DSCR calculation?
    • Yes
  • Are there prepayment penalties for DSCR refinancing?
    • Up to 5 years at 5% fixed
  • ​What are the typical interest rates for DSCR refinance loans?
    • ​6.87% - 12%
  • Can I refinance multiple properties under a single DSCR loan?
    • Yes
  • ​What loan-to-value (LTV) ratio is required for DSCR refinancing?
    • Up to 80%
  • How long does the DSCR refinancing process take?
    • The refinancing process can take 30-45 days, depending on the lender, property appraisal, and document verification.
  • Can I cash out equity with a DSCR refinance?
    • Yes, cash-out refinancing is possible, allowing you to access the property's equity, but it may affect the DSCR and loan terms.
  • Are there specific DSCR requirements for different property types?
    • Yes, DSCR requirements may vary based on the property type (single-family, multi-family, etc.) and lender guidelines.
  • Can foreign nationals qualify for DSCR refinancing?
    • Yes
  • How can I improve my DSCR before refinancing?
    • Increasing property income, reducing expenses, and improving occupancy rates can enhance your DSCR, making refinancing more favorable.

    ​HAVE QUESTIONS? REACH OUT TODAY AND LET’S GET YOU HOME.
Address:  2425 West Loop South. Suite 502. Houston, TX 77027

Phone: 346 - 500 - 2085
Address: 2425 West Loop South. Suite 502. Houston, TX 77027

Phone: 346 - 500 - 2085