DSCR up to 8 units in La Vernia, TX

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

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

Investment Opportunities in La Vernia, TX

Benefits of DSCR Loan in La Vernia, Texas

Benefits: DSCR loans in La Vernia offer lower interest rates and more flexible repayment terms compared to traditional loans, making them ideal for real estate investments. These loans are specifically tailored to property income potential rather than the borrower's credit score, allowing investors to fund projects based on property performance.

Demographics: La Vernia, Texas, has a population of approximately 1,200 residents with a mix of families and retirees. The town boasts a strong sense of community and a low crime rate, making it an attractive place to live and invest in real estate.

Housing Market: La Vernia's housing market is growing steadily, with a range of properties available from historic homes to new developments. The market offers affordable housing options, making it a desirable location for first-time buyers and investors looking to diversify their portfolios.

Main Attractions: Some main attractions in La Vernia include the Wilson County Show Barn, where residents can enjoy rodeos and other events, as well as the La Vernia City Park, offering recreational activities for all ages. The town also features charming local shops and restaurants, adding to its small-town appeal.

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