DSCR up to 8 units in Splendora, TX

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

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

Investment Opportunities in Splendora, TX

Benefits of DSCR Loan in Splendora, Texas

DSCR loans in Splendora, Texas offer numerous benefits. These loans are designed to be based on the property's cash flow rather than the borrower's credit score, making them more accessible to many borrowers. Additionally, DSCR loans typically have lower interest rates and longer repayment periods, providing greater flexibility for investors.

Demographics

Splendora, Texas, is a small town located in Montgomery County with a population of around 2,000 residents. The town has a suburban feel, and the community is tight-knit and family-friendly. The median household income in Splendora is slightly above the national average, making it an attractive location for both residents and businesses.

Housing Market

The housing market in Splendora, Texas, is burgeoning. With a mix of affordable single-family homes and larger estates, there is a diverse range of housing options available. The market is currently experiencing steady growth, making it an opportune time for investors to consider DSCR loans for property investments in the area.

Main Attractions

Splendora offers its residents a peaceful and scenic environment with easy access to outdoor recreational activities. The town is situated near Lake Houston, providing opportunities for fishing, boating, and hiking. Additionally, Splendora is in close proximity to major cities like Houston, offering residents the convenience of urban amenities while enjoying a relaxed suburban lifestyle.

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