DSCR up to 8 units in El Campo, TX

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

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

Investment Opportunities in El Campo, TX

Benefits of a DSCR Loan in El Campo, Texas

DSCR loans in El Campo, Texas offer numerous benefits to investors and property owners. These loans are based on the property’s ability to generate income and cover its debt service payments, rather than the borrower’s financial status. This allows individuals with strong investment properties but lower personal income to qualify for financing.

El Campo, Texas, has a diverse population with a mix of urban and rural characteristics. The city boasts a rich cultural heritage with a strong emphasis on community and family values. Demographics show a growing population with a median age of 36 years and a median household income of $50,000.

The housing market in El Campo offers a variety of options, from single-family homes to larger estates and ranch properties. With a median home price of $150,000, the market is considered affordable, making it an attractive destination for first-time homebuyers and investors alike.

Main attractions in El Campo include the Ricebird Stadium, known for its vibrant sports events, and the Wilderness Golf Course, a popular recreational spot for golf enthusiasts. Additionally, the El Campo Museum of Natural History provides a unique learning experience for visitors of all ages.

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