DSCR up to 8 units in Jonesville, TX

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

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

Investment Opportunities in Jonesville, TX

Benefits of a DSCR Loan in Jonesville, Texas

DSCR (Debt Service Coverage Ratio) loans offer several benefits for individuals in Jonesville, Texas. These loans provide a favorable debt-to-income ratio, making it easier for borrowers to qualify for financing.

In terms of demographics, Jonesville, Texas is a vibrant town with a diverse population. The median age is around 35 years old, and the majority of residents are homeowners. The town has a strong sense of community and a low crime rate, making it a desirable place to live.

The housing market in Jonesville is thriving, with a steady increase in property values over the past few years. The demand for housing is high, creating opportunities for real estate investment. DSCR loans can help individuals take advantage of the growing market and secure their dream home.

Main attractions in Jonesville include the beautiful Jonesville Park, which offers recreational activities for all ages. The town also hosts several annual events, such as the Jonesville Bluegrass Festival, attracting visitors from near and far.

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