DSCR up to 8 units in Pasadena, TX

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

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

Investment Opportunities in Pasadena, TX

Benefits of DSCR Loan in Pasadena, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Pasadena, Texas. These loans provide financing for income-producing properties, such as rental units or commercial buildings, based on the property's ability to generate income.

Demographics in Pasadena, Texas, showcase a diverse community with a mix of cultures and a growing population. The city boasts a strong job market, with opportunities in industries like healthcare, manufacturing, and aerospace. The cost of living is relatively affordable compared to other Texas cities, making Pasadena an attractive place to live.

The housing market in Pasadena, Texas, presents a range of options for buyers and investors alike. With a variety of single-family homes, townhouses, and apartments available, individuals can find properties that suit their needs and budget. The market has shown steady growth in recent years, making it a promising location for real estate investments.

Main attractions in Pasadena, Texas, include the Armand Bayou Nature Center, a beautiful nature preserve perfect for outdoor enthusiasts. The city is also home to the Pasadena Historical Museum, offering a glimpse into the area's rich history. Additionally, residents can enjoy shopping and dining at the Fairway Plaza Shopping Center.

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