Frequently asked questions

A loan made for business or investment activity — buying, rehabbing, or holding income property — rather than for a primary residence. Real Lending only finances non-owner-occupied investment property, so our loans are business-purpose and fall outside consumer-mortgage rules.

No. We exclusively make business-purpose loans on non-owner-occupied investment property. We do not originate consumer or owner-occupied home loans.

We arrange loans nationwide, with the deepest coverage across the Texas metros. A few states (such as Florida, Arizona, and Indiana) have specific licensing rules for certain loan types — see the relevant state and product pages for details.

On the property’s cash flow, not your personal income. DSCR = gross monthly rent ÷ PITIA. No tax returns, W-2s, or employment verification — and you can vest title in an LLC. See our DSCR loan requirements for the full checklist.

Most programs start around 660–680, with the best pricing at 720+. Credit tiers your rate and leverage rather than making or breaking approval.

Often yes. Many DSCR programs underwrite documented short-term-rental income or market rent. Programs and leverage vary, so confirm the approach for your specific property.

Often within 7–10 business days, and faster on clean, strong-equity deals. The timeline is driven by the property valuation and clearing title, not income documentation.

Typically up to ~90% of the purchase price (loan-to-cost) plus up to 100% of the rehab budget released through draws, with total exposure capped at roughly 70–75% of after-repair value (ARV).

The rehab budget is held back and released in stages. You complete a phase, request a draw, the lender inspects the work, and releases that portion — usually within 1–3 business days. You typically front the work and get reimbursed.

No. Because the funding is repaid same-day from your end buyer’s purchase, there’s no credit check, income verification, or appraisal. We require proof that your end buyer is real and funded.

Commonly a flat fee (often around $750–$2,500) or about 1–2% of the funded amount, depending on deal size. You’ll also pay two sets of closing costs since a double close is two transactions.