Texas Investment Property Loan Solutions

Purchase & Refinancing Options for 1-4 Unit Rental Properties

The Decker Group at First United Mortgage Group offers rental property financing assistance for most types of 1-4 unit properties in the State of Texas.

Whether you are a first time investor or a seasoned professional, let Kelly and his team find the right investment property loan solution to meet your needs.

Call 972-591-3097 today for a free quote and consultation.

Types of Investment Property Loans Offered:

30, 20, 15 & 10 Year Fixed Rate Loans
3/1, 5/1, & 7/1 Adjustable Rate Mortgages
Jumbo Loans for Higher Loan Amounts

Types of Rental Property Financing Transactions

Purchase Financing
Rate and Term Refinancing

Eligible Types of Properties

Most types of 1-4 unit stick built homes, condominiums,
townhouses, and modular properties.
First United Bank may be able to finance up to 10
properties per borrower (conditions may apply – call
for details).

Non Eligible Properties

Properties with more than 5 units will likely require
a commercial loan.
Manufactured homes (aka mobile homes)

Get Prequalified

Interested in buying a home but aren’t sure you will qualify for the mortgage? Find out in just a few minutes what you are prequalified to borrow. Simply call (972) 591-3097 or submit your information through the secure online from to the right. You’ll be given a complimentary rate quote and evaluated for mortgage qualification.

Contact The Decker Group

To learn more about the bank’s rental property financing programs and decide which Texas mortgage loan is right for you, contact The Decker Group at (972) 591-3097. Your mortgage banker can provide a free, no-obligation rate quote and consultation in just a few minutes. If you’d prefer to contact us electronically, simply fill out the Rate Request Form on the right side of this page and someone from The Decker Group will contact you after reviewing your information.

Examples of mortgage products and scenarios listed on TXMortgageGroup.com

*30-Year Fixed-Rate Mortgage

The payment on a $200,000 30-year Fixed-Rate Loan at 5.00% and 70% loan-to-value (LTV) is $1073.64. The Annual Percentage Rate (APR) is 5.170%. Payment does not include taxes and insurance premiums.

*15-Year Fixed-Rate Mortgage

The payment on a $200,000 15-year Fixed-Rate Loan at 4.50% and 70% loan-to-value (LTV) is $1529.99. The Annual Percentage Rate (APR) is 4.787%. Payment does not include taxes and insurance premiums.

*FHA Loan

Rate is fixed. The payment on a $204,250, 30-year fixed rate loan at 5.00% and 90% loan-to-value (LTV) is $1248.79. Payment includes a one time upfront mortgage insurance premium (MIP) at 1.0% of the base loan amount and a monthly MIP calculated at 0.90% of the base loan amount. The 0.90% monthly MIP will be paid until the loan reaches 78% LTV, provided the MIP has been paid for a minimum of 5 years. Thereafter, the monthly loan payment will consist of equal monthly principal and interest payments until the end of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. The Annual Percentage Rate (APR) is 5.756%.

*30-year Fixed-Rate VA Loan

Rate is fixed. The payment on a $200,000 30-year fixed-rate loan at 5.00% and 90% loan-to-value (LTV) is $1100.65. The Annual Percentage Rate (APR) is 5.169%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. VA loans do not require PMI. The VA loan is a benefit of military service and only offered to veterans, surviving spouses and active duty military.

*Adjustable-Rate Mortgage

The payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 4.50% and 70% loan-to-value (LTV) is $1013.37. After 5 years, the principal and interest will increase or decrease based upon the value of the predetermined index. Payment does not include taxes and insurance premiums. The Annual Percentage Rate (APR) is 7.625%. Rate is variable.