DSCR up to 8 units in Sour Lake, TX

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

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

Investment Opportunities in Sour Lake, TX

Benefits of DSCR Loan in Sour Lake, Texas

DSCR (Debt Service Coverage Ratio) loans offer various benefits to borrowers in Sour Lake. These loans are ideal for commercial real estate investments as they consider the property’s income-generating potential rather than just the borrower's credit score.

Sour Lake, Texas, is a charming town with a population that values a tight-knit community atmosphere. The demographics highlight a mix of young families and retirees, creating a diverse and welcoming environment for all.

The housing market in Sour Lake is stable and offers a range of property options, from historic homes to modern developments. DSCR loans can help individuals take advantage of these opportunities by providing a flexible financing solution tailored to their investment needs.

Some of the main attractions in Sour Lake include the beautiful Big Thicket National Preserve, a haven for outdoor enthusiasts, and the Sour Lake Museum, which showcases the town's rich history. With DSCR loans, investors can capitalize on the growth potential of the area while enjoying the unique charm of Sour Lake.

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