DSCR up to 8 units in La Salle, TX

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

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

Investment Opportunities in La Salle, TX

Benefits of DSCR Loan in La Salle, Texas

DSCR loans in La Salle, Texas offer numerous benefits for borrowers. One of the key advantages is the flexibility in qualifying for the loan, as it focuses more on the property's income potential rather than the borrower's personal income. This can be particularly beneficial for real estate investors or individuals with fluctuating income streams.

Additionally, DSCR loans often come with competitive interest rates and longer repayment terms compared to traditional mortgages. This can result in lower monthly payments, making it more manageable for borrowers to invest in real estate properties in La Salle.

Moreover, DSCR loans can help borrowers leverage their investment by allowing them to finance multiple properties without being limited by personal debt-to-income ratios. This can be a strategic advantage for individuals looking to build a diversified real estate portfolio in La Salle, Texas.

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