DSCR up to 8 units in High Island, TX

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

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

Investment Opportunities in High Island, TX

Benefits of DSCR Loan in High Island, Texas

DSCR (Debt Service Coverage Ratio) loans offer various advantages to borrowers in High Island, Texas. These loans are particularly beneficial for investors as they provide a way to finance income-producing properties with the rental income serving as the primary repayment source.

High Island, Texas, is a small coastal community located in Galveston County. With a population of around 500 residents, the town offers a peaceful and close-knit environment. The demographics of High Island reflect a mix of retirees, families, and individuals seeking a quieter way of life.

The housing market in High Island is characterized by a range of options, including single-family homes, beachfront properties, and vacation rentals. The availability of DSCR loans can make it easier for buyers to invest in properties in this area, leading to potential growth in the real estate market.

Some main attractions in High Island include the beautiful beaches, birdwatching opportunities at the Houston Audubon's Smith Oaks Bird Sanctuary, and outdoor activities such as fishing and kayaking. The town's natural beauty and serene atmosphere make it a popular destination for tourists and residents alike.

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