Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on .

User Stats

1
Posts
0
Votes

Curious About Texas Lending Options

Posted

I am looking for a solution that would be able to do an 80/20 (or something similar) loan in Texas, or nationally for that matter, where the 80 would be a HELOC. My Texas clients would normally be obtaining a first lien HELOC (which the state limits at 80% LTV) but they don't have 20% equity quite yet. In some cases, they are at the 17% mark so they are very close. That's where I was wondering if there was a way to get a more traditional loan/mortgage to cover the amount above the 80%. What does the collective intelligence out there think? Any options for people assuming a good scenario in terms of credit, DTI, stress tests, seasoning, etc?