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DSCR loan in Castroville, 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 Castroville, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Castroville, 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 Castroville, TX real estate investors have you covered.
Benefits of a DSCR Loan: A Debt Service Coverage Ratio (DSCR) loan in Castroville, Texas, provides borrowers with a reliable financing option that focuses on the property's income-generating potential, rather than personal income. This type of loan is particularly beneficial for real estate investors looking to purchase income-producing properties without solely relying on personal credit or income. Demographics: Castroville, Texas, is a charming historic town with a population of approximately 2,900 residents. The town boasts a diverse community, with a mix of families, young professionals, and retirees, creating a welcoming and tight-knit atmosphere for residents and visitors alike. Housing Market Information: The housing market in Castroville, Texas, offers a range of options from historic homes to modern developments. With a median home value of $285,000, the market is considered affordable compared to neighboring areas, making it an attractive location for first-time homebuyers and investors alike. Main Attractions: Castroville is known for its rich history, unique architecture, and vibrant arts scene. Visitors can explore landmarks such as the historic Steinbach House, Medina River Natural Area, and enjoy shopping and dining in the town's quaint downtown area.
DSCR Loan Benefits in Castroville, Texas
