Texas Income Property Financing

Portfolio Financing to Meet Your Needs.

Trust Washington Federal to work with you to find the loan program that best meets your investment needs:

  • Refinance with cash out up to 75% LTV.
  • Tax-assessed value can be used for loans up to $250,000 with 70% LTV or lower.
  • Assumable loans to a bank-qualified borrower.
  • Mixed-use property financing requires a minimum of 75% of rental income derived from apartment rentals.
  • Financing for manufactured housing properties requires a minimum 75% of the development be comprised of double-wide units.
  • Loan amounts determined by debt service ratio (1.20 minimum coverage required).
  • Reasonable pre-payment penalties; soft pre-pays available.
  • Several loan options available:  Interest-only, zero points, or no prepayment penalty.

For more information, contact:

Ronda Tomlinson
Texas Division Manager
5900 Chapel Hill Blvd.
Plano, TX  75093
Office:  972-473-7719
Fax:  972-378-9620
Mobile:  (214) 986-6925
E-mail Ronda


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