DSCR up to 8 units in Port Arthur, TX

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

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

Investment Opportunities in Port Arthur, TX

Benefits of DSCR Loan in Port Arthur, Texas

DSCR loans in Port Arthur offer numerous benefits to borrowers. They are specifically designed for real estate investments and provide flexibility by considering the property's income to determine loan approval. Borrowers benefit from competitive interest rates and extended loan terms, allowing for manageable repayment schedules.

Demographics in Port Arthur, Texas

Port Arthur is a diverse city located in Jefferson County, Texas. The population consists of various ethnicities, including African American, Hispanic, and Caucasian residents. The city has a rich cultural heritage influenced by its proximity to the Gulf of Mexico and historical ties to the oil industry.

Housing Market in Port Arthur, Texas

The housing market in Port Arthur offers affordable options for both renters and homebuyers. The market is relatively stable, with a mix of single-family homes, apartments, and townhouses available. Property values are reasonable, making it an attractive location for first-time buyers and real estate investors.

Main Attractions in Port Arthur, Texas

Port Arthur boasts a range of attractions, including the Museum of the Gulf Coast, showcasing local history and notable figures. Outdoor enthusiasts can explore the nearby Sabine Lake for fishing and water activities. Additionally, the city offers a variety of dining options, shopping centers, and community events throughout the year.

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