DSCR up to 8 units in Lane City, TX

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

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

Investment Opportunities in Lane City, TX

Benefits of DSCR Loan in Lane City, Texas

1. Financial Stability: A DSCR loan can provide financial stability to borrowers by ensuring that the property's income can cover the mortgage payments and other expenses.

2. Lower Risk: With a DSCR loan, lenders are more likely to approve loans as the property's income determines the borrower's ability to repay, reducing the risk for both parties.

3. Flexibility: DSCR loans offer more flexibility in terms of property types that can be financed, making it a versatile option for various real estate investments.

Demographics in Lane City, Texas

Lane City, Texas, is a small town with a population of approximately 500 residents. The town has a mix of families and retirees, with a median household income slightly above the national average.

Housing Market in Lane City, Texas

The housing market in Lane City offers affordable options for both homebuyers and investors. The majority of properties are single-family homes, with a growing demand for rental properties due to the town's proximity to urban centers.

Main Attractions in Lane City, Texas

Some of the main attractions in Lane City include the local parks, community events, and historic downtown area. Residents enjoy the small-town charm and close-knit community feel that Lane City has to offer.

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