DSCR up to 8 units in Eola, TX

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

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

Investment Opportunities in Eola, TX

Benefits of DSCR Loan in Eola, Texas

A Debt Service Coverage Ratio (DSCR) loan in Eola, Texas offers various benefits for potential borrowers. One of the main advantages is that this type of loan helps investors secure financing based on the property's income rather than personal credit scores.

Demographically, Eola, Texas has a population of approximately XXXX residents, with a median household income of $XX,XXX. The area boasts a diverse community with a mix of professionals, families, and retirees, creating a vibrant local culture.

Regarding the housing market, Eola offers a range of affordable options for both rental and purchasing. The median home price is $XXX,XXX, making it an attractive location for first-time buyers and real estate investors looking to capitalize on the growing market.

Some of the main attractions in Eola include the beautiful Eola Courthouse, the scenic Lake Eola Park, and the vibrant local dining scene featuring traditional Texan cuisine. The town also hosts various community events and festivals throughout the year, providing residents with ample entertainment options.

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