ISO DSCR Lender for Rural Tx Property

Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes

10mo

Hi Destiny, we can do rural, we can shoot for 70%, but no guarantees until I see your numbers. Do you have a tenant in place yet? Is title held in an LLC? How long have you owned the property?

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Quinton Brown

Lender · Seattle WA · Member since 2025 · 211 posts · 33 votes

10mo

We specialize in DSCR lending, and a lot of investors come to us with rural properties just like this.
For rural markets, we typically go up to 70% LTV, depending on the strength of the deal.

One advantage we offer is no seasoning requirements, and if your recent appraisal is solid, we can usually use that same appraisal without needing a reassignment. That alone saves time and avoids the back-and-forth many lenders create.

Our DSCR files generally close in about 25 days, and we stay proactive on communication from start to finish so you always know where things stand.

If you’d like to see what your numbers qualify for, feel free to use the inquiry link — happy to run a quote and help you move quickly.

— Housemoney Team powered by NEXA Mortgage

https://housemoney.my1003app.com/inquiry?time=1754059302809

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Destiny Mccoy
OP
Member since 2025 · 6 posts · 1 vote
10mo
Quote from @Quinton Brown:

We specialize in DSCR lending, and a lot of investors come to us with rural properties just like this.
For rural markets, we typically go up to 70% LTV, depending on the strength of the deal.

One advantage we offer is no seasoning requirements, and if your recent appraisal is solid, we can usually use that same appraisal without needing a reassignment. That alone saves time and avoids the back-and-forth many lenders create.

Our DSCR files generally close in about 25 days, and we stay proactive on communication from start to finish so you always know where things stand.

If you’d like to see what your numbers qualify for, feel free to use the inquiry link — happy to run a quote and help you move quickly.

— Housemoney Team powered by NEXA Mortgage
https://housemoney.my1003app.com/inquiry?time=1754059302809

Applied
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Erik EstradaBusiness Member

Lender · Member since 2022 · 6k+ posts · 1k+ votes

10mo

Quote from @Destiny Mccoy:

Quick intro — I just finished my first flip in rural East Texas and I'm shopping DSCR lenders. Looking for recommendations from people who've had good communication, on-time (fast) closings, and who will do ~75% LTV on rural properties (its ok if they dont).

Quick facts:

Appraised value: $180,000 (appraisal already done)
Current liens: none (no loans against the house)
Credit: ~690 (dipped from using cards during the flip)
Current lender: Easy Street Capital — only offering 65% LTV and communication has been poor / unclear about status
Need: DSCR loan or cash-out refinance that actually closes and a lender/team that communicates proactively

Ask: Who have you used for DSCR loans on rural properties (especially East Texas or similar markets)? Please share:

Lender name
Typical LTV they offered on rural SFRs
Speed to close / any surprises
Minimum credit or other gotchas
Your overall experience with communication and service

Thanks — want to move fast on this and would prefer lenders who actually pick up the phone and own the timeline.

We can do 75% LTV on rural properties as long as your FICO is above 680. If it is lower we will be capped at 65-70 LTV

[email protected]818-269-7983

LuxePrivate Investments LLC 572 Reviews

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Destiny Mccoy
OP
Member since 2025 · 6 posts · 1 vote
10mo
Quote from @Erik Estrada:
Quote from @Destiny Mccoy:

Quick intro — I just finished my first flip in rural East Texas and I'm shopping DSCR lenders. Looking for recommendations from people who've had good communication, on-time (fast) closings, and who will do ~75% LTV on rural properties (its ok if they dont).

Quick facts:

Appraised value: $180,000 (appraisal already done)

Current liens: none (no loans against the house)

Credit: ~690 (dipped from using cards during the flip)

Current lender: Easy Street Capital — only offering 65% LTV and communication has been poor / unclear about status

Need: DSCR loan or cash-out refinance that actually closes and a lender/team that communicates proactively

Ask: Who have you used for DSCR loans on rural properties (especially East Texas or similar markets)? Please share:

Lender name

Typical LTV they offered on rural SFRs

Speed to close / any surprises

Minimum credit or other gotchas

Your overall experience with communication and service

Thanks — want to move fast on this and would prefer lenders who actually pick up the phone and own the timeline.

We can do 75% LTV on rural properties as long as your FICO is above 680. If it is lower we will be capped at 65-70 LTV
I applied to your google form
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Devin PetersonBusiness Member

Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 664 votes

10mo

Quote from @Destiny Mccoy:

Quick intro — I just finished my first flip in rural East Texas and I'm shopping DSCR lenders. Looking for recommendations from people who've had good communication, on-time (fast) closings, and who will do ~75% LTV on rural properties (its ok if they dont).

Quick facts:

Appraised value: $180,000 (appraisal already done)
Current liens: none (no loans against the house)
Credit: ~690 (dipped from using cards during the flip)
Current lender: Easy Street Capital — only offering 65% LTV and communication has been poor / unclear about status
Need: DSCR loan or cash-out refinance that actually closes and a lender/team that communicates proactively

Ask: Who have you used for DSCR loans on rural properties (especially East Texas or similar markets)? Please share:

Lender name
Typical LTV they offered on rural SFRs
Speed to close / any surprises
Minimum credit or other gotchas
Your overall experience with communication and service

Thanks — want to move fast on this and would prefer lenders who actually pick up the phone and own the timeline.

You might be limited to the 65-70 LTV if it’s super rural, credit, experience - etc. do you have a competed appraisal? Most DSCR lenders should be able to get this done if the comps are there

[email protected]860-538-3672

ProAlpha Capital56 Reviews

Website View Page

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Destiny Mccoy

OP

Member since 2025 · 6 posts · 1 vote

10mo

Yes, I have a completed appraisal!!!

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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
10mo
Quote from @Destiny Mccoy:

Yes, I have a completed appraisal!!!

If it's completed by an AMC and completed within 120 days, you should be able to transfer it
[email protected]818-269-7983
LuxePrivate Investments LLC 572 Reviews
Website View Page
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Reginald TrussPro Member

Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes

10mo

Destiny — congrats on the first flip. Rural Texas is a different underwriting world, so 65% from Easy Street doesn’t surprise me. I work with a few capital sources that regularly do 70–75% LTV on rural SFR DSCR, even in East TX, and they close quickly — typically 7–10 days if the appraisal is already done.

If you want, I can take a quick look and tell you exactly where your file fits best. Good communication is non-negotiable on my side.

Shoot me a DM or email me your details and I’ll map the options out for you.

— Reggie (Loan Father)
[email protected]

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Andrew Zamboroski

Lender · Member since 2021 · 495 posts · 130 votes

10mo

Quote from @Destiny Mccoy:

Quick intro — I just finished my first flip in rural East Texas and I'm shopping DSCR lenders. Looking for recommendations from people who've had good communication, on-time (fast) closings, and who will do ~75% LTV on rural properties (its ok if they dont).

Quick facts:

Appraised value: $180,000 (appraisal already done)
Current liens: none (no loans against the house)
Credit: ~690 (dipped from using cards during the flip)
Current lender: Easy Street Capital — only offering 65% LTV and communication has been poor / unclear about status
Need: DSCR loan or cash-out refinance that actually closes and a lender/team that communicates proactively

Ask: Who have you used for DSCR loans on rural properties (especially East Texas or similar markets)? Please share:

Lender name
Typical LTV they offered on rural SFRs
Speed to close / any surprises
Minimum credit or other gotchas
Your overall experience with communication and service

Thanks — want to move fast on this and would prefer lenders who actually pick up the phone and own the timeline.

You should try to transfer the appraisal and seek other options if you’re not satisfied with your current option. Make sure the lender can do the project before transferring the appraisal officially, or you likely will not be able to go with the initial lender. Happy to take a look to see how we can help!

www.modernmortgagemi.com/commercial

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ISO DSCR Lender for Rural Tx Property

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