Bank Statement / No-Doc in Fort Worth

Construction and trucking, more than any other trade, and it shows up in the county's own numbers. Tarrant County's largest nonemployer sector by receipts is construction: 22,843 self-employed businesses generating $2.218 billion, with specialty trade contractors alone (electricians, framers, drywall crews and similar subcontractors) accounting for 15,945 of those establishments and $1.271 billion. Truck transportation adds another 9,353 one-person operations billing $1.049 billion, almost all of them owner-operators by definition. About 24.5% of Tarrant County tax returns report business or professional income, above both the Texas share of 24.1% and the national share of 19.1%, though average net business income here, at $8,212, runs below both the state and national averages. This is a story about how common self-employment is in Tarrant County, not about how much any one filer earns. We can underwrite on 12 to 24 months of bank statements, or structure a no-doc loan that leans on the property and your reserves, with loan amounts from $100K to $3M, credit from 640, and down payments from 20%. Send 12 months of statements and we'll tell you what they support, subject to underwriting.

Yes, because the tax bill sits in the payment whether or not it sits in your paperwork. A typical Fort Worth property stacks city, school district, county, college district and hospital district into a combined rate of roughly $2.24 per $100 of taxable value, and county-wide effective rates vary with which jurisdictions cover the address. Budget roughly 2% to 2.5% of value a year and confirm the real number at the parcel level with the Tarrant Appraisal District. The point that costs newer investors the most money: Texas homestead exemptions and the 10% homestead appraisal cap apply to owner-occupied homes only. Texas Proposition 13, passed on November 4, 2025, raised the school-district homestead exemption from $100,000 to $140,000, and none of it reaches your investment property. A pro forma built off the seller's or the neighbor's bill will understate your carry. Talk to your CPA about how it lands on your return.

A bindable quote, pulled before you close rather than after, and one that accounts for the roof. North Texas is hail country. Texas logged 878 major hailstorms with stones an inch or larger in 2024, nearly double the next closest state, and the statewide average annual homeowners premium reached $3,506 in 2025. Roof age drives both insurability and price here, which has a second consequence on a flip: leaving a 15-year-old hail-beaten roof in place can fail your buyer's insurance step at the exit, after you're already under contract. Insurance and property taxes are the two carry lines most often understated in Fort Worth deals, and a doc-light file leans harder on the asset, so we would rather size the escrow off a real quote than a placeholder.

In Tarrant County, short-term rental income is a zoning question before it is a revenue question. Fort Worth bans short-term rentals in residential zoning districts and permits them only in mixed-use, form-based, commercial and industrial districts, with city registration and hotel occupancy tax on top. That restriction was upheld at the district court level in March 2025 and went under appeal, so confirm its current status before you underwrite an STR exit. Arlington takes a different route: short-term rentals are allowed anywhere inside a defined zone running roughly a mile around the entertainment district, and outside that zone only in RM-12, RMF-22, non-residential and mixed-use districts, with a $500 annual permit, a safety inspection, a local 24-hour contact, $1 million in liability coverage, and a 9% local hotel occupancy tax remitted quarterly. Keller, Mansfield, Southlake, Burleson and Weatherford each write their own rules and none of the above carries over to them. Verify the parcel's zoning and permit status with the city, and treat long-term lease rent as your base case.

Sometimes, and the test is whether stressed rent carries the property on its own. Fort Worth rents softened through the last cycle. One property manager's dataset put the city's blended median asking rent at $1,419 in May 2026, down about 8% year over year, with 3-bedroom single-family houses closer to $2,190 and roughly 22 days to lease. Those are a single operator's numbers on a mixed sample, so treat them as a starting point and verify comparable rents on your block. The supply picture is turning: North Texas is on track for about 21,000 new apartment deliveries in 2026, down from roughly 30,000 in 2025 and a peak above 44,000 in 2024. That is a supply observation, not a rent forecast, and you should still underwrite the rent you can prove today. If the property clears on stressed rent, a DSCR loan is often the cleaner file. If it doesn't yet, bank statements can do the qualifying. Send us the scenario and we'll tell you which one fits.

We originate it and a lending partner funds it, so your application finishes on the partner's portal. We review the scenario either way and stay with the file, and pricing, documentation and final terms are set in underwriting rather than quoted up front. This is business-purpose financing on investment property only. Two Texas mechanics worth knowing before you pick vendors. First, title insurance premiums are promulgated by the Texas Department of Insurance, so the basic premium is identical at every title company in the state, and the Commissioner ordered a 6.2% reduction effective March 1, 2026. You shop a title company on service fees and on willingness to handle your structure, never on premium. Second, Texas forecloses non-judicially under Property Code section 51.002: sales run the first Tuesday of the month at the county courthouse between 10 a.m. and 4 p.m., with notice mailed and filed at least 21 days ahead. That calendar is short and fixed, which is one reason private capital prices Texas the way it does, and it is also why an auction buy needs short-term money such as fix and flip or bridge, with the bank statement loan taking it out on the hold. Tell us both legs up front. You can start an application or talk to us first.

No. We start at $100,000 and go up to $3,000,000. Income is documented with bank statements or with no income docs at all, on investment and business-purpose property only, with terms from short-term to 30-year. If the Fort Worth door you are buying sits under that start point, the better structure is usually a portfolio loan that groups several properties into one file rather than a small standalone loan. Subject to underwriting.

Start at $70,000 down, then add closing costs and reserves. Down payments run from 20%, so on a $350,000 purchase that is $280,000 from us and $70,000 from you (350,000 x 20% = 70,000). Then budget the carry honestly. A Fort Worth investment property gets no homestead exemption and no 10% appraisal cap, so it is taxed on full assessed value, and roof age drives both the insurance premium and whether a carrier will write the risk at all. Both land in the escrow. Subject to underwriting.

640 is where bank statement loans start, so under it we move you to a different program. A conventional investment loan starts at 580, though it is fully documented, which is the trade you are making. On the asset-based side, a Fort Worth fix and flip or bridge loan has no minimum score, because those qualify off the property and the equity rather than off you. Weaker credit generally shows up as lower leverage rather than a decline, and there is no hard credit pull to start. Subject to underwriting.