DSCR up to 8 units in Rockport, TX

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

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

Investment Opportunities in Rockport, TX

The Benefits of DSCR Loans in Rockport, Texas

DSCR loans in Rockport, Texas offer numerous benefits to borrowers. One of the key advantages of a DSCR loan is that it focuses on the property's income-generating potential rather than the borrower's credit score, making it an attractive option for real estate investors. This type of loan also typically offers lower interest rates and longer repayment terms, providing borrowers with more flexibility and potentially lower monthly payments.

Rockport, Texas, is a vibrant coastal community with a population of approximately 10,000 residents. The city boasts a diverse demographic, with a mix of retirees, young professionals, and families calling it home. Known for its charming downtown area, scenic waterfront views, and rich cultural heritage, Rockport offers residents a high quality of life and plenty of opportunities for outdoor recreation.

The housing market in Rockport, Texas, is currently experiencing steady growth, with a healthy balance of supply and demand. The median home price in the area is competitive, making it an attractive option for first-time homebuyers and investors alike. With a variety of housing options available, from waterfront condos to spacious single-family homes, Rockport offers something for every lifestyle and budget.

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