Cameron

Short answer

We don’t have a true Texas “fix & flip” (bridge + rehab draws/ARV) loan on MortgageQ’s supported lenders. Best path: use cash/hard money for rehab, then exit into a DSCR/Investor take-out with one of our lenders, or purchase as-is on DSCR if the property is rent‑ready (no rehab funds included).

Best available options (Texas, Investment)

Use these for purchase (rent-ready) or post‑rehab take‑out/delayed financing:

Lender	Program(s)	Use case	Typical purchase LTV	Notes
FundLoans	Spectrum No Ratio, Apex Prime, Montage Prime	DSCR/no‑ratio or alt/full doc purchase (no rehab draws)	Up to ~80–85%	Min $300k on No‑Ratio; great for DSCR refi after rehab.
AmWest	Investor Advantage, Advantage Program, Asset Qualifier	DSCR or alt‑doc purchase/take‑out; delayed financing allowed	Up to ~80%	Can pair with delayed financing post‑rehab.
A&D Mortgage	DSCR (No DTI), Prime, Super Prime	DSCR or full/alt‑doc purchase (no rehab funds)	Up to ~80%	Property must be habitable.
Angel Oak	Investor Cash Flow, Platinum, Portfolio Select	DSCR or doc‑based purchase; post‑rehab refi	Up to ~80–85%	No construction escrow.
Champions Funding	Accelerator DSCR 1–4, Ambassador DSCR 1–4	DSCR purchase; delayed financing/cash‑out after rehab	Up to ~85%	Investment, business‑purpose only.
Change Wholesale	Investor (DSCR), Alt Doc Advantage	DSCR or alt‑doc purchase (no rehab funds)	Up to ~80–85%	Good BRRRR take‑out once stabilized.
Deephaven	DSCR, Expanded Prime	DSCR or non‑QM purchase (no rehab)	Up to ~80%	Rent‑ready only.
NQM Funding	Investor DSCR, DSCR Supreme, DSCR Mixed & Multi 5–10	DSCR purchase/take‑out; delayed financing allowed	Up to ~80–85%	Lubbock, TX ineligible for DSCR.
Wholesale Mortgage Direct	KEYSTONE DSCR, Nitro DSCR 1–4	DSCR purchase/delayed financing	Up to ~80–85%	No rehab escrow; piggyback second may be possible.

Key takeaway: Use a rehab/bridge lender for acquisition + construction, then refinance here with DSCR once rent‑ready, or use delayed financing shortly after a cash purchase.

Quick questions to size your deal

• Property type/units?
• Purchase price, rehab budget, target ARV?
• Credit score (mid‑FICO)?
• Down payment or target LTV?
• Estimated market rent (or DSCR target) and exit plan (sell vs hold)?
• Entity (LLC) and experience with flips?

Share these and I’ll recommend the best lender/program, max LTV, reserves, and timeline (including delayed financing vs cash‑out).

Do you mean:

• Highest LTV (lowest down payment), or
• Truly lowest LTV (largest down payment, smallest loan)?

For a Texas investment “business‑purpose” purchase, share:

• Target LTV/down payment
• Purchase price and loan amount
• Credit score (mid‑FICO)
• Income method (DSCR/no‑ratio, bank statements, full doc)
• Property type/units and estimated rent (for DSCR)

With that, I’ll pull all lenders and show who offers the best fit.

Short answer

No. None of our supported lenders offer 100% financing (or 100% CLTV) for Texas investment purchases. All require a down payment, and piggybacks/seconds can’t be used to reach 100% CLTV.

What’s available instead (TX, investment)

• Typical max LTV: 75–85% depending on lender, FICO, DSCR, property type, and loan size.
• Seconds: Often not allowed on DSCR; where allowed, CLTV is still capped at the program’s max LTV (so no leverage increase).
• Workable paths: cash purchase + delayed financing take-out; or rehab/bridge lender for acquisition, then DSCR refi when stabilized.

Lender snapshots (purchase, DSCR/investor)

• FundLoans: Max around 75% LTV on DSCR/no‑ratio; no piggybacks; delayed financing via non‑DSCR only.
• AmWest: DSCR up to 80% LTV; no 100% CLTV; delayed financing allowed (cash‑out rules apply) ^[1][20].
• A&D Mortgage: No 100% LTV/CLTV; piggybacks allowed only within program CLTV caps; delayed financing allowed (cash‑out pricing).
• Angel Oak: Max around 80% LTV; 100% not allowed.
• Champions Funding: Max 75% LTV/CLTV; seconds allowed only behind 1st but CLTV still ≤ 75% ^[1][16].
• Change Wholesale: DSCR and Alt‑Doc typically cap at ~75% LTV; DSCR 1st‑lien only ^[1].
• Deephaven: DSCR up to 80% LTV; no subordinate financing ^[1].
• NQM Funding: DSCR up to 85% LTV (program dependent); no subordinate financing; delayed financing available on DSCR Supreme/No‑Ratio ^[1].
• Wholesale Mortgage Direct: KEYSTONE DSCR up to 80% (no seconds); Nitro up to 85% LTV; seconds allowed but CLTV cannot exceed max LTV ^[3][14].

Next steps

Share a few details and I’ll size your best option (max LTV, rate tier, reserves):

• Property type/units
• Purchase price and target loan
• Mid‑FICO
• Income method (DSCR/no‑ratio vs full/alt doc)
• Estimated market rent (for DSCR)
• Rehab involved and plan for delayed financing/refi