DSCR up to 8 units in Friendswood, TX

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

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

Investment Opportunities in Friendswood, TX

Benefits of DSCR Loan in Friendswood, Texas

DSCR loans offer numerous advantages for real estate investors in Friendswood, Texas. These loans are specifically designed for income-producing properties, with the debt service coverage ratio as a key factor in approval. Borrowers can benefit from lower interest rates, longer repayment terms, and higher borrowing limits compared to traditional loans.

Friendswood, Texas, is a vibrant city with a diverse population. The city has a strong sense of community, excellent schools, and a low crime rate, making it an ideal place to live and invest in real estate. The median household income in Friendswood is above the national average, attracting residents seeking a high quality of life.

The housing market in Friendswood is dynamic, with a mix of single-family homes, townhouses, and apartments. The market offers a wide range of property options to suit different budgets and preferences. With steady appreciation rates and a growing demand for housing, investing in real estate in Friendswood can provide a stable return on investment.

Friendswood boasts several main attractions, including beautiful parks, shopping centers, and a thriving dining scene. Residents and visitors can enjoy recreational activities at the local parks and nature trails, shop at boutique stores, and dine at diverse restaurants offering various cuisines.

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