DSCR up to 8 units in Concan, TX

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

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

Investment Opportunities in Concan, TX

Benefits of DSCR Loan in Concan, Texas

Debt-Service Coverage Ratio (DSCR) loans in Concan, Texas provide numerous advantages for aspiring homeowners and real estate investors. With a DSCR loan, borrowers can access financing based on the property's income potential, rather than their personal income. This allows investors to leverage the property's revenue to qualify for a mortgage, making it an attractive option for those looking to invest in rental properties.

Concan, Texas, located in Uvalde County, boasts a diverse population with a median age of 47.6 years. The town has a mix of families, retirees, and young professionals drawn to its picturesque landscapes and peaceful community lifestyle. The area's median household income is $45,625, contributing to its affordability compared to larger urban centers.

The housing market in Concan, Texas, offers a range of options from charming single-family homes to spacious ranch properties. The median home value in Concan is $257,400, making it an attractive investment for those seeking affordable real estate opportunities. Additionally, the area's low property taxes and cost of living make it a desirable location for prospective homeowners.

Concan, Texas, is renowned for its natural beauty and outdoor recreational opportunities. The Frio River, a popular destination for tubing and swimming, runs through the town, attracting visitors and residents alike. Garner State Park, known for its hiking trails and camping sites, provides ample opportunities for outdoor enthusiasts to explore the region's scenic landscapes.

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