DSCR up to 8 units in Lampasas, TX

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

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

Investment Opportunities in Lampasas, TX

Benefits of DSCR Loan in Lampasas, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages for individuals in Lampasas, Texas. These loans are ideal for real estate investors as they focus on the property's income potential rather than the borrower's credit score, making them more accessible for those with lower credit ratings.

Furthermore, DSCR loans typically have lower interest rates compared to traditional loans, resulting in lower monthly payments and increased cash flow for the borrower. The flexibility of these loans allows investors in Lampasas to grow their real estate portfolio more rapidly, contributing to wealth accumulation and financial stability.

Demographically, Lampasas is a small town with a population of approximately 7,000 residents. The community is close-knit, offering a friendly and welcoming atmosphere for new residents. The town has a diverse demographic makeup, with a mix of young families, retirees, and working professionals.

The housing market in Lampasas is currently experiencing steady growth, making it an attractive location for real estate investment. The median home price is affordable, making it a desirable option for first-time homebuyers and investors alike. The market offers a variety of property types, from historic homes to modern developments, catering to different preferences and budgets.

Main attractions in Lampasas include the beautiful Hancock Springs Pool, an old-fashioned swimming pool fed by natural springs, perfect for relaxation and recreation. The town also boasts the Lampasas County Museum, showcasing the area's rich history and heritage, as well as several outdoor recreational areas for hiking, fishing, and camping.

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