DSCR up to 8 units in Hitchcock, TX

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

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

Investment Opportunities in Hitchcock, TX

Benefits of DSCR Loan in Hitchcock, Texas

A Debt-Service Coverage Ratio (DSCR) loan offers numerous benefits to individuals in Hitchcock, Texas. These loans provide a more accurate assessment of a borrower's ability to repay debt, thus reducing the risk for both lenders and borrowers.

Demographically, Hitchcock, Texas, boasts a diverse population with a mix of residents from various ethnic backgrounds. The town has a friendly community feel, making it an ideal place for families and individuals alike.

In terms of the housing market, Hitchcock offers a range of affordable housing options, from cozy single-family homes to spacious apartments. The market is stable, making it a favorable location for real estate investments or finding your dream home.

Some main attractions in Hitchcock include the beautiful Galveston Bay, where residents can enjoy water activities and stunning sunsets. The town also features historic landmarks, parks, and local eateries, providing plenty of entertainment options for all ages.

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