DSCR up to 8 units in Johnson City, TX

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

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

Investment Opportunities in Johnson City, TX

Benefits of a DSCR Loan in Johnson City, Texas

DSCR loans, or Debt Service Coverage Ratio loans, offer numerous benefits for individuals in Johnson City, Texas. These loans are ideal for real estate investments as they provide borrowers with the ability to secure financing based on the property's income potential rather than personal income.

Demographically, Johnson City is a vibrant community located in the heart of Texas Hill Country. With a population of around 1,656 residents, the town offers a small-town charm with access to big-city amenities in nearby Austin and San Antonio.

The housing market in Johnson City is thriving, with a median home value of $291,600. DSCR loans can be a great option for individuals looking to invest in rental properties or expand their real estate portfolios in this growing market.

Some main attractions in Johnson City include the Lyndon B. Johnson National Historical Park, where visitors can explore the former President's ranch, as well as the Pedernales Falls State Park, known for its stunning waterfalls and outdoor recreational opportunities.

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