DSCR up to 8 units in Carmine, TX

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

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

Investment Opportunities in Carmine, TX

The Benefits of DSCR Loans in Carmine, Texas

DSCR (Debt Service Coverage Ratio) loans in Carmine, Texas offer numerous benefits to borrowers. These loans are ideal for real estate investors as they consider the property's income-generating potential rather than the borrower's personal income.

Demographics: Carmine, a charming town in Texas, has a population of approximately 250 residents. The town has a strong sense of community and a rich cultural heritage, making it an attractive place for families and retirees.

Housing Market: The housing market in Carmine provides a mix of historic homes and modern residences. With the median home price below the national average, it presents affordable housing options for both buyers and investors alike.

Main Attractions: Carmine boasts a variety of attractions, including the famous Eris Hauch Gallery, showcasing local art, and the Antique Rose Emporium, a beloved spot for garden enthusiasts. The town's historical sites and picturesque landscapes make it a unique and welcoming destination.

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