DSCR up to 8 units in Avoca, TX

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

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

Investment Opportunities in Avoca, TX

Benefits of DSCR Loan in Avoca, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for borrowers in Avoca, Texas. These loans provide a clear picture of a borrower's ability to cover debt payments, ensuring financial stability and reducing the risk of default.

Demographically, Avoca, Texas, is a quaint town with a population of approximately 600 residents. The community is known for its friendly atmosphere and strong sense of community spirit, making it an ideal place for families and individuals seeking a peaceful lifestyle.

In Avoca's housing market, DSCR loans play a crucial role in facilitating home purchases. These loans help buyers secure financing based on the property's cash flow rather than personal income, making homeownership more accessible to a wider range of individuals.

Some main attractions in Avoca include the historic Avoca One-Step Museum, showcasing the town's rich heritage, and the scenic Avoca Lake, a popular spot for fishing and picnicking. Additionally, the annual Avoca Peach Festival draws visitors from far and wide to celebrate the town's famous peaches.

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