DSCR up to 8 units in Lamesa, TX

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

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

Investment Opportunities in Lamesa, TX

Benefits of DSCR Loan in Lamesa, Texas

DSCR (Debt Service Coverage Ratio) loans are a popular financing option in Lamesa, Texas, offering numerous benefits to borrowers. These loans are ideal for commercial real estate investments as they ensure that the property's income covers the debt payments, providing financial stability and reducing the risk of default.

Lamesa, Texas, is a vibrant city with a diverse population. The city is known for its friendly community, excellent schools, and affordable cost of living. With a mix of rural charm and modern amenities, Lamesa offers a high quality of life for residents of all ages.

The housing market in Lamesa is robust, making it an attractive location for real estate investors. The city boasts a range of housing options, from historic homes to newly built developments. With steadily increasing property values and a growing demand for housing, Lamesa offers great potential for long-term investment.

Some of the main attractions in Lamesa include the Dal Paso Museum, showcasing the history of the region, and the Lamesa Municipal Golf Course, a popular destination for golf enthusiasts. The city also hosts various festivals and events throughout the year, celebrating its culture and heritage.

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