DSCR up to 8 units in Oakville, TX

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

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

Investment Opportunities in Oakville, TX

Benefits of a DSCR Loan in Oakville, Texas

DSCR loans in Oakville, Texas, offer several benefits to borrowers. One of the key advantages is the ability to secure financing based on the property's income potential rather than personal credit scores. This can be especially beneficial for real estate investors or property owners with fluctuating income streams.

Additionally, DSCR loans typically have lower interest rates compared to traditional mortgages, making them a cost-effective financing option. Borrowers can also enjoy greater flexibility in terms of loan terms and repayment schedules, allowing for customized financing solutions that meet their specific needs.

Moreover, DSCR loans provide borrowers with the opportunity to leverage their property's income to obtain higher loan amounts, enabling them to fund larger real estate projects or investments that may not be possible with conventional loans.

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