DSCR up to 8 units in Collegeport, TX

DSCR loan in Collegeport, 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 Collegeport, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Collegeport, 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 Collegeport, 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 Collegeport, TX real estate investors have you covered.

Investment Opportunities in Collegeport, TX

Benefits of DSCR Loan in Collegeport, Texas

DSCR loans are a great option for financing in Collegeport, Texas, especially for investors. The Debt Service Coverage Ratio (DSCR) ensures that the property's income will cover the loan payments, making it a safer option for lenders and borrowers.

As for demographics, Collegeport is a small town located in Matagorda County, Texas. The population is approximately 300 residents, creating a tight-knit community feel. The town has a mix of families and retirees, with a median age of 45 years old.

In terms of the housing market, Collegeport offers a variety of properties, from charming historic homes to modern waterfront houses. The market is stable, with prices ranging from affordable to upscale, catering to different budgets and preferences.

Main attractions in Collegeport include the beautiful Gulf Coast beaches, perfect for outdoor activities like fishing, boating, and relaxing by the sea. The town also boasts historical sites such as the Matagorda County Museum, offering a glimpse into the area's rich past.

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