DSCR up to 8 units in Avery, TX

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

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

Investment Opportunities in Avery, TX

Benefits of a DSCR Loan in Avery, Texas

A DSCR loan in Avery, Texas offers numerous benefits to potential homebuyers. One of the primary advantages is the ability to secure financing based on the property's income potential rather than personal income. This makes it an attractive option for individuals with fluctuating income or those looking to invest in rental properties.

Demographically, Avery, Texas is a small town with a tight-knit community. The population is predominantly made up of families, offering a safe and welcoming environment for residents. The town is known for its strong sense of community spirit and active local events that bring residents together.

In terms of the housing market, Avery, Texas offers diverse options for homeowners. From historic properties with character to modern developments, there is something to suit every taste and budget. The market is stable, making it a favorable location for both first-time buyers and experienced real estate investors.

Main attractions in Avery, Texas include the scenic countryside, ideal for outdoor enthusiasts. The town also boasts charming local shops, restaurants, and cultural spots that showcase the area's rich heritage. Additionally, Avery is conveniently located near major highways, providing easy access to nearby cities for work or leisure.

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