Houston DSCR Loans
CoreVest Finance provides DSCR loans in Houston, TX, which are ideal for real estate investors seeking to purchase, refinance, or renovate commercial or investment properties. DSCR loans take into account both the property’s cash flow and the borrower’s capacity to repay the loan.
Compared to traditional commercial loans, one of the main advantages of DSCR loans is their flexibility and accessibility. DSCR loans do not rely solely on the borrower’s credit score or personal financial history, making them a suitable financing option for real estate Houston, TX investors with less-than-perfect credit or limited personal income.
Instead, DSCR loans are based on the property’s ability to generate sufficient cash flow to cover the loan payments. By leveraging Houston, TX DSCR loans, investors can access the capital they need to seize new investment opportunities quickly and expand their real estate portfolio.
Don’t miss out on your investment potential. Reach out to us today to explore how Houston, TX DSCR loans can help you access to the required to capitalize on new investment opportunities and grow their portfolios.
Reasons to Invest with DCSR Loans in Houston, TX
- Strong Job Market: Houston has a strong job market, with a thriving energy sector and several other growing industries. This can lead to job growth and increased demand for rental properties, providing investors with a stable source of rental income.
- Affordable Housing: Houston has a relatively affordable housing market compared to other major cities in the US. This can make rental properties more accessible to a broader range of tenants, increasing demand and potential rental income for investors.
- Diverse Population: Houston has a diverse population, with a range of cultural and demographic groups represented. This can create a diverse tenant base for rental properties, reducing the risk of vacancies and providing investors with potential rental income and appreciation in property values over time.
- Strong Infrastructure: Houston has a strong infrastructure, including a major port, airports, and several major highways. This can lead to increased economic activity and job growth, creating a stable tenant base for rental properties. Additionally, Houston’s strong infrastructure can make it easier for investors to manage and maintain their rental properties.
Houston, TX DSCR Loans – Frequently Asked Questions
What Houston, TX Property Types does CoreVest Finance lend on for DSCR?
We lend on Single-family, 1-4 units, condos and townhomes.
What are CoreVest Finance’s Houston, TX DSCR Rates?
CoreVest Finance offers competitive rates for DSCR loans. Rates vary due to investor’s past history and experience. For current rates, give us a call.
What is my turnaround time for an DSCR application?
We usually respond back to potential borrowers with a term sheet between 2-7 days.
How long will it take my DSCR Loan to close?
Our DSCR loans typically close within 20 days. Most of our DSCR Loans close within 4-6 weeks.
Request More Information
|Types of Properties||Single-family, 1-4 units, condo, townhome|
|Loan Amount||$75k – $2M+|
|LTV||Up to 75% of value|
|DCSR Interest Rates||Varies|
|Minimum Qualifications / Documentation||Credit score: at least 680, Borrower must be a business entity, Call for more details|
|Other Financing Available||Rental Portfolio Loan, Single Asset Rental Loan, Bridge Loans, Fix and Flip Credit Line, Rental Aggregation Line, Single Asset Bridge Loan|
Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry