DSCR up to 8 units in Elysian Fields, TX

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

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

Investment Opportunities in Elysian Fields, TX

Benefits of DSCR Loan in Elysian Fields, Texas

DSCR loans, also known as Debt Service Coverage Ratio loans, offer numerous benefits to property investors in Elysian Fields, Texas. These loans provide a more flexible underwriting process, making it easier for investors with multiple properties to secure financing.

Demographically, Elysian Fields is a charming small town located in Harrison County, Texas. With a population of around 600 residents, it offers a tight-knit community feel where neighbors know each other by name. The town has a mix of young families and retirees, creating a diverse and welcoming environment.

In terms of the housing market, Elysian Fields boasts a stable real estate market with a variety of property options. From historic Victorian homes to modern single-family houses, there is something for every taste and budget. With the help of DSCR loans, investors can take advantage of the opportunities this market presents.

Some main attractions in Elysian Fields include the Elysian Fields Independent School District, known for its excellent academics and supportive community. Additionally, the town is close to outdoor recreational areas like Caddo Lake State Park, offering fishing, boating, and hiking opportunities for residents and visitors alike.

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