DSCR up to 8 units in Etoile, TX

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

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

Investment Opportunities in Etoile, TX

Benefits of a DSCR Loan in Etoile, Texas

DSCR loans in Etoile, Texas offer attractive benefits such as lower interest rates, longer repayment terms, and flexibility in loan structure. Borrowers can leverage these loans to finance investment properties and expand their real estate portfolios with ease.

Demographics: Etoile, Texas, is a charming small town with a population of approximately 1500 residents. The community is known for its tight-knit feel, low crime rates, and family-friendly environment, making it an ideal place to settle down and invest in real estate.

Housing Market: The housing market in Etoile is diverse, offering a range of property types from cozy single-family homes to spacious ranch-style estates. With the rise in demand for housing, property values have been steadily increasing, presenting a lucrative opportunity for real estate investors.

Main Attractions: Etoile boasts natural beauty with its proximity to Lake Sam Rayburn, a popular destination for fishing, boating, and outdoor activities. The town also features quaint local shops, restaurants, and vibrant community events that create a unique and inviting atmosphere for residents and visitors alike.

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