DSCR up to 8 units in Redwater, TX

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

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

Investment Opportunities in Redwater, TX

Benefits of DSCR Loan in Redwater, Texas

DSCR loans in Redwater, Texas offer numerous benefits including competitive interest rates, longer repayment terms, and flexibility in eligibility requirements. These loans provide real estate investors with the opportunity to finance properties without affecting their personal debt-to-income ratio, making it easier to secure funding for investment projects.

Demographically, Redwater, Texas has a population of approximately 1,300 residents with a median household income above the state average. The community is predominantly rural with a close-knit feel, ideal for those seeking a quieter pace of life while still having access to urban amenities in nearby cities.

The housing market in Redwater, Texas is stable with a mix of single-family homes, ranch-style properties, and acreage available for development. The average home price is affordable compared to neighboring areas, making it an attractive location for first-time homebuyers and investors looking to diversify their portfolio.

Main attractions in Redwater include scenic parks, hiking trails, and local festivals that celebrate the town's rich history and culture. Residents can enjoy outdoor activities year-round, fostering a sense of community and camaraderie among neighbors.

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