DSCR up to 8 units in Ector, TX

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

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

Investment Opportunities in Ector, TX

Benefits of DSCR Loan in Ector, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Ector, Texas offers numerous advantages to borrowers. One of the key benefits is the emphasis on the property’s income potential rather than the borrower's credit score. This means that even individuals with lower credit scores can qualify for these loans as long as the property's income covers the debt payments.

Demographics: Ector, Texas, is a vibrant town with a diverse population. The community is known for its friendly residents and strong sense of community spirit. With a mix of young professionals, families, and retirees, Ector offers a welcoming environment for people from all walks of life.

Housing Market: The housing market in Ector, Texas, is currently experiencing steady growth. The median home price is affordable compared to nearby areas, making it an attractive location for first-time homebuyers and investors alike. With a range of housing options available, from single-family homes to apartments, there is something for everyone in Ector.

Main Attractions: Ector, Texas, boasts a variety of attractions to suit every taste. From beautiful parks and outdoor recreational areas to historic landmarks and cultural events, there is always something to see and do in Ector. The town's charming downtown area is filled with shops, restaurants, and entertainment venues, making it a hub of activity for both residents and visitors.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now