DSCR up to 8 units in Evadale, TX

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

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

Investment Opportunities in Evadale, TX

Benefits of DSCR Loan in Evadale, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for individuals in Evadale, Texas. These loans help borrowers secure financing for income-generating properties by considering the property's ability to generate income to cover debt payments.

Demographics in Evadale, Texas show a close-knit community with a population that values rural living and a strong sense of community. The area is known for its friendly residents and a peaceful atmosphere, making it an ideal place to settle down and invest in property.

The housing market in Evadale, Texas is currently stable, with a range of properties available for purchase. DSCR loans can help potential buyers navigate the market and invest in properties that align with their financial goals and needs.

Some main attractions in Evadale, Texas include the beautiful Big Thicket National Preserve, a haven for nature lovers, and the picturesque Neches River that offers recreational activities such as fishing and boating, making it a desirable location for both residents and tourists.

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