DSCR up to 8 units in La Feria, TX

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

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

Investment Opportunities in La Feria, TX

Benefits of DSCR Loan in La Feria, Texas

DSCR (Debt Service Coverage Ratio) loans offer a reliable and flexible financing option for real estate investors in La Feria, Texas. These loans are specifically designed for income-producing properties and provide advantages such as competitive interest rates, longer repayment terms, and lower down payments compared to traditional mortgages.

La Feria, Texas, has a diverse population with a mix of Hispanic, White, and other ethnicities. The median age is around 33 years, making it a relatively young community. The city offers a range of amenities including parks, schools, and local shopping centers, creating a family-friendly environment for residents.

The housing market in La Feria is experiencing steady growth, with a mix of affordable single-family homes and rental properties. The median home value is around $100,000, making it an attractive option for first-time homebuyers and investors. The market is stable, and property appreciation rates are on the rise, making it a promising investment location.

Some of the main attractions in La Feria include the Santa Ana National Wildlife Refuge, known for its diverse bird-watching opportunities, and the historic La Feria downtown area with its charming shops and local restaurants. Additionally, the city hosts various cultural events and festivals throughout the year, highlighting its rich heritage and community spirit.

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