DSCR up to 8 units in Alice, TX

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

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

Investment Opportunities in Alice, TX

Benefits of DSCR Loan in Alice, Texas

A Debt Service Coverage Ratio (DSCR) loan in Alice, Texas offers numerous benefits to borrowers. Firstly, DSCR loans are ideal for real estate investors as lenders consider the property's income-generating potential rather than the borrower's personal income. This allows investors to secure financing even with lower personal incomes.

Secondly, DSCR loans usually have lower interest rates compared to traditional commercial loans. The lower rates can result in significant long-term savings for borrowers, making DSCR loans an attractive option for financing investment properties in Alice, Texas.

Lastly, DSCR loans offer flexible repayment terms, allowing borrowers to tailor the loan structure to their investment strategy. This flexibility can help investors manage cash flow effectively and optimize their returns on investment in the vibrant real estate market of Alice, Texas.

Demographics in Alice, Texas

Alice, Texas has a diverse population with a mix of Hispanic, White, and African American residents. The city has a strong sense of community and offers a range of amenities and services to its residents, making it an appealing place to live and invest in real estate.

Information About the Housing Market

The housing market in Alice, Texas is robust, with a steady demand for both rental and owned properties. The city offers a range of housing options, from single-family homes to multi-family units, catering to various income levels and preferences of residents and investors alike.

Main Attractions in Alice, Texas

Alice, Texas is known for its vibrant cultural scene, rich history, and beautiful natural landscapes. Visitors and residents can enjoy exploring the Alice Coastal Bend region, which offers outdoor activities such as hiking, fishing, and birdwatching. Additionally, the city hosts annual events and festivals that celebrate its heritage and diversity, making it a unique and welcoming place to call home.

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