DSCR up to 8 units in Eagle Lake, TX

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

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

Investment Opportunities in Eagle Lake, TX

Benefits of DSCR Loans in Eagle Lake, Texas

DSCR (Debt Service Coverage Ratio) loans are ideal for real estate investors in Eagle Lake, Texas. These loans provide a way to finance income-producing properties without relying solely on personal credit.

Demographics: Eagle Lake, Texas, is a charming city with a population of approximately 3,600 residents. The area boasts a diverse community, with a mix of young families, retirees, and professionals drawn to the city's peaceful ambiance and strong sense of community.

Housing Market: The housing market in Eagle Lake is favorable for real estate investors. The median home price is affordable, making it an attractive location for those looking to invest in rental properties. Additionally, rental demand is steady, ensuring a reliable income stream for landlords.

Main Attractions: Eagle Lake offers a variety of attractions for residents and visitors alike. From outdoor activities like fishing, boating, and hunting in the surrounding natural areas to experiencing the local cuisine at quaint restaurants and exploring historical sites, there is something for everyone to enjoy in this vibrant city.

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