Fix and flip loans in Texas.

100% financing on purchase + rehab. No down payment. 47 approved-area cities. Compare AGS Lending Partners Velocity (100%) and Optimal (matrix-priced) on your Texas deal, side by side.

Why Texas works for AGS Lending Partners' 100% program

Texas is a non-judicial foreclosure state with a fast statutory timeline (typically 21 days from notice to sale), which is why our capital partners price Texas at the program's highest leverage tier — 100% loan-to-cost up to 70% of after-repair value. That means a qualified borrower can finance an entire Houston, Dallas, Austin, Fort Worth, or San Antonio flip with no down payment beyond closing costs.

Our flagship Velocity program funds 100% of (purchase + rehab) at 12.99% interest-only, 3.5 origination points, $2,500 processing, with no exit fee. For investors with stronger files, our Optimal program runs 9.25%–11.25% on matrix-derived leverage (typically 80–95% LTC) — a smaller down payment in exchange for a meaningfully lower rate.

Both programs operate across all 47 of our Texas-approved cities. Run your numbers below.

Run your Texas deal now

Calculator opens with Texas pre-selected. Add your purchase, rehab, and ARV — see both programs side by side in seconds.

Open Texas calculator →

Texas approved-area cities (Velocity 100%)

Velocity (100% financing) requires the property to be in an approved-area city. Optimal works in any Texas city. The 47 Velocity-approved Texas cities are:

Abilene
Alvin
Austin
Boerne
Bryan
Cibolo
Clear Lake
Conroe
Corpus Christi
Cypress
Dallas
Deer Park
Denison
Dickinson
El Paso
Fort Worth
Friendswood
Fulshear
Galveston
Greenville
Houston
Humble
Katy
Kerrville
Killeen
Kingwood
La Porte
Lubbock
Manvel
Missouri City
New Braunfels
Pasadena
Pearland
Richmond
Rosenberg
San Antonio
San Marcos
Schertz
Seabrook
Sherman
Spring
Stafford
Sugar Land
Temple
Texas City
The Woodlands
Tomball
Waco
Webster

Property in a Texas city not listed? It still qualifies for the Optimal program — same calculator, just slightly less leverage.

Texas fix and flip loan FAQ

Are AGS Lending Partners' Texas fix and flip loans 100% financed?

Yes. Our Velocity program funds 100% of purchase plus rehab in Texas, up to a 70% ARV cap. You'll cover origination points (3.5%), $2,500 processing, and third-party closing costs (title insurance, hazard insurance, recording, etc.) at closing. No separate down payment is required.

What's the maximum loan size for a Texas fix and flip?

Velocity caps at $2.5M with first-time AGS borrowers limited to $1M. Optimal lends up to $3M. Most Texas single-family flips fall in the $200K–$800K range where both programs operate cleanly.

Does Texas's non-judicial foreclosure status affect my loan terms?

Yes — favorably. Non-judicial states like Texas allow our capital partners to apply higher ARLTV caps (75% on Optimal, vs 70% in judicial states like Florida). That translates to higher leverage on the same deal, particularly on Optimal where experience-tier matrix pricing is at play.

How fast can a Texas fix and flip loan close?

Typical close timeline is 10–14 business days from full application + documents in hand. Faster is possible with clean title, fast appraisal/BPO, and a pre-bound insurance policy. Submit your deal via the calculator's "Get your real quote" CTA and we'll lock you a closer within 24 hours.

Not in Texas? See the main calculator (works for all 12 active states), or read our full fix and flip program guide .