DSCR up to 8 units in Afton, TX

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

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

Investment Opportunities in Afton, TX

DSCR Loan Benefits in Afton, Texas

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for homebuyers in Afton, Texas. These loans provide a higher level of financial stability by ensuring that borrowers have sufficient income to cover their mortgage payments. With DSCR loans, individuals are more likely to secure financing, even if they have a lower credit score or variable income.

Demographics: Afton, Texas, is a charming rural town with a population of approximately X residents. The community is known for its friendly atmosphere and strong sense of community. The majority of residents are families and retirees, enjoying the peace and tranquility of small-town living.

Housing Market: The housing market in Afton offers a mix of historic homes and modern properties. The median home price is $X, making it an affordable option for first-time buyers and those looking to invest in real estate. With a stable market and a variety of housing options, Afton is an attractive location for homebuyers.

Main Attractions: Afton boasts a range of attractions, including the picturesque Afton Park, perfect for outdoor activities and family picnics. The town also has a vibrant downtown area with local shops and restaurants, providing residents with entertainment and dining options.

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