Internet Loans Direct
DSCR loans across Texas
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Internet Loans Direct DSCR Rental Property Loans · Texas
Purchase, refinance, or pull cash out of Texas investment property. Rates from 100+ lenders, with closings in as little as 15 days.
Takes about 60 seconds. No credit pull, no obligation.
No credit pull · No documents · No obligation
Why investors switch
No tax returns, W-2s, or pay stubs. The property's rent does the qualifying. Perfect for self-employed investors and complex returns.
Close in your LLC, finance unlimited doors, and keep every deal off your personal DTI. Scale without hitting a bank's ten-property wall.
One application, priced across 100+ lenders. Same-day income and credit approval, with closings in as little as 15 days.
The one number that matters
DSCR, the debt service coverage ratio, is simply the monthly rent divided by the full monthly payment. At 1.0 the property pays for itself. At 1.25+ lenders sharpen their pencils and your rate drops.
Example deal · $2,450 rent ÷ $1,890 payment · 1.25+ is the sweet spot
How it works
The eligibility check is instant: no credit pull, no documents, no obligation. It simply tells us enough to price your deal across our lender network when we talk.
Check my eligibility →Deal type, property, credit range, numbers. Sixty seconds, no credit check of any kind.
On a quick call we price your scenario across the wholesale market and you see the best terms (rate, points, and payment) side by side.
Appraisal with a rent schedule, title, done. No income verification means no document circus. Most deals fund in two to three weeks.
Straight answers
Typically 1 to 2 percent higher, and for investors the trade is usually worth it. A DSCR loan lets you qualify on the property instead of your personal income, close in an LLC, and keep scaling without your debt-to-income ratio getting in the way. Conventional loans simply cannot do that.
Programs start at 620. Pricing improves meaningfully at 680 and again at 740, so a 680+ score with 20 to 25 percent down puts you in the most competitive tier. The property carries more of the weight than your personal credit history.
Plan on 20 to 25 percent for most purchases. A larger down payment means lower payments and stronger cash flow, and many investors use a cash-out refinance after seasoning to recover the down payment for the next property.
Monthly rent divided by the full monthly payment (principal, interest, taxes, insurance, and any HOA). A ratio of 1.0 means the rent exactly covers the payment; most lenders want 1.0 to 1.25 or better, and stronger ratios earn better pricing.
Income and credit approval the same day, and most files close in 15 to 25 days. There are no tax returns or pay stubs to verify, so the appraisal with a rent schedule is usually the longest step.
No problem. For purchases without rental history, the appraiser's market rent estimate does the qualifying. That works for vacant properties, renovations, and homes being converted to rentals for the first time.
Yes. Programs exist specifically for Airbnb and VRBO properties, qualifying on either market rent or documented short-term rental income, including income methods that account for seasonality.
Yes, many investors do. DSCR loans are built for LLC vesting, and with most programs closing in an entity does not affect your rate.
No credit pull · No documents · No obligation
Free for Texas investors · Takes about 60 seconds
