DSCR up to 8 units in La Joya, TX

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

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

Investment Opportunities in La Joya, TX

Benefits of DSCR Loans in La Joya, Texas

DSCR (Debt Service Coverage Ratio) loans are a popular choice for real estate investors in La Joya, Texas, offering numerous benefits. One of the key advantages is the ability to secure financing based on property income rather than personal credit scores, making it easier for investors to qualify for loans.

Demographically, La Joya is a vibrant city with a diverse population. The majority of residents are Hispanic, contributing to a rich cultural tapestry. The city has a range of educational institutions, including La Joya Independent School District, providing quality education to its youth.

The housing market in La Joya is dynamic, offering a mix of affordable and luxury properties. With the help of DSCR loans, investors can leverage their investments and capitalize on the growing real estate market in the area. This allows for the acquisition of multiple properties, expanding investment portfolios.

Some of the main attractions in La Joya include the La Joya Palmview Golf Course, known for its picturesque views and challenging courses. The city also boasts vibrant community parks, such as Leo Pena Placita Park, offering recreational activities for residents and visitors alike.

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