DSCR up to 8 units in Asherton, TX

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

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

Investment Opportunities in Asherton, TX

Benefits of DSCR Loan in Asherton, Texas

A DSCR (Debt Service Coverage Ratio) loan offers several advantages for borrowers in Asherton, Texas. These loans are ideal for investors looking to finance income-producing properties as they use the property’s income to secure the loan rather than the borrower's credit.

Demographics of Asherton, Texas

Asherton is a small city located in Dimmit County, Texas, with a population of around 1,000 residents. The city has a diverse community with a rich cultural heritage, offering a blend of Hispanic and American traditions.

Housing Market in Asherton, Texas

The housing market in Asherton is stable with a range of affordable housing options available. The average home price is below the national average, making it an attractive location for first-time homebuyers and investors alike.

Main Attractions in Asherton, Texas

Asherton offers a variety of attractions for residents and visitors, including the famous Asherton Railroad Park, which showcases the city's history with interactive exhibits and events. Additionally, outdoor enthusiasts can explore the nearby Eagle Ford Shale Play for hiking and birdwatching.

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