rental property Loans

Fix to Rent Loans

Noble Mortgage has assisted investors in Texas with rental property loans going on two decades now. Our experienced staff makes this a quick process by working closely with you to find the best loan for your rental property. Contact us today to begin your loan process!

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Property Types

1-4 single-family properties

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Term

6 months

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LTC

Up to 100%

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Markets

Houston, Austin, San Antonio and Dallas/Fort Worth, Texas

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Rate

As low as 9.99%

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Qualifying

Must be able to qualify for long-term financing

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Loan Amounts

$50K-$400K

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Fees

TBD

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Recourse

Yes

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Amortization

Interest-Only

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LTV

Up to 75% of the “after-repaired” value

Rental Property Loans

What is an Investor Rehab Loan?

Noble’s Rehab to Perm Loans program for investors is a two-step loan process utilized to buy distressed residential real estate in need of repairs for long term rentals. It provides up to 100% of the purchase price, repair money and closing costs. After the property is repaired and leased, Noble assists in arranging a long-term traditional mortgage.

The loan amount is based on the after-repaired-value of the property. Typically, a combination loan is used to acquire residential property that conventional lenders will not consider due to the condition. These loans typically close in a few days, and the investor must qualify for long-term financing.

Texas Rental Property Loans Made Easy

Benefits of Our Fix to Rent Rehab Loans

  • Quick funding with loans typically closing within 7 business days
  • Smooth underwriting process compared to conventional loans
  • Flexible loan terms
  • Leverage your rental portfolio to create equity using our money!

How to Get Started with Your Fix to Rent Rehab Loan

1. Make sure you meet the loan requirements

  • Investors must qualify for long-term financing
  • Credit score requirements vary for long-term financing from lender to lender

2. Contact our team of experts for assistance and fill out an application

3. Get Pre-Approved! – Learn more about the process

Why Noble Mortgage is a 5-star Rated Private Lender?

Experienced
With 21 years of experience, Noble has a rich history of helping real estate investors reach their financing goals with our hard money lending options.
Creative
Our team of experts are well-versed in finding creative and common-sense financing solutions for a variety of investment situations to build long term wealth for investors.
Fast
Lending our own money and servicing our own loans allows us to be able to serve our customers quickly. We guarantee a FREE pre-approval within 2 business days and repair/construction draws within 3 business days.
Responsive
The Noble team will be with you from start to finish during loan approval process. We guarantee 100% transparency on all fees, to return your phone call within 1 business day, and updates on the progress of your loan every 2 business days.
Simple

Our loan process is straightforward, easy, seamless, and efficient, typically closing within 10 days. Learn more about our loan process.

FAQ of Rental Property Loans

How do I know I won’t be stuck in the Hard Money Loan?
Before closing the Hard Money Loan, Noble Mortgage will pre-qualify you for a long-term loan to make sure you are qualified.
What is a rehab to perm loan?
A two loan process utilized by investors to buy distressed real estate, repair, lease and hold as long term rental properties. The loan amount is based on the after-repaired-value of the property
Why use hard money?
Most investors use hard money for its speed, convenience, leverage and to finance properties that conventional lenders will not. Hard money loans typically close in 10 business days and can fund up to 100% of both the purchase price and repair funds

Contact Us

We’re here to help! Contact us to discuss your needs.

Houston

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Ready to get started? Contact us for a no-obligation quote tailored to your marketing needs.

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