DSCR up to 8 units in Clute, TX

DSCR loan in Clute, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Clute, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Clute, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Clute, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Clute, TX real estate investors have you covered.

Investment Opportunities in Clute, TX

The Benefits of DSCR Loans in Clute, Texas

DSCR (Debt-Service Coverage Ratio) loans offer several advantages for borrowers in Clute, Texas. These loans provide a way to finance investment properties without solely relying on personal income. They are specifically designed for income-producing properties, allowing investors to leverage the property's income to qualify for the loan.

Demographics: Clute, Texas, has a diverse population with a strong job market, particularly in industries like petrochemicals and manufacturing. The city offers a mix of urban and suburban living, making it an attractive location for families and young professionals. The cost of living is reasonable, with affordable housing options available for both renters and buyers.

Housing Market: The housing market in Clute, Texas, is dynamic and has seen steady growth in recent years. The city offers a range of housing options, from single-family homes to apartments and townhouses. The market is competitive, with properties often receiving multiple offers. However, with the right financing, such as DSCR loans, investors can take advantage of the opportunities in the market.

Main Attractions: Clute, Texas, boasts a variety of attractions for residents and visitors alike. From outdoor recreational activities in the Brazosport area to cultural experiences at the Center for the Arts & Sciences, there is something for everyone. The city's proximity to the Gulf Coast also makes it a popular destination for beach lovers and outdoor enthusiasts.

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