DSCR up to 8 units in Lenorah, TX

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

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

Investment Opportunities in Lenorah, TX

DSCR Loan Benefits in Lenorah, Texas

DSCR (Debt Service Coverage Ratio) loans offer various benefits to borrowers in Lenorah, Texas. These loans provide more flexibility with repayment terms, lower interest rates, and higher loan amounts compared to traditional mortgages. Borrowers can use DSCR loans to finance real estate investments and improve cash flow.

Lenorah, Texas, has a diverse population with a mix of young families and retirees. The town offers a peaceful and close-knit community living experience. The median household income is above the national average, making it an attractive location for investment and homeownership.

The housing market in Lenorah is stable and growing steadily. The median home price is affordable compared to nearby cities, making it an ideal location for first-time homebuyers. With the availability of DSCR loans, more people can access homeownership and invest in real estate properties in the area.

Main attractions in Lenorah include scenic parks, local restaurants serving delicious Southern cuisine, and cultural events that celebrate the town's rich history. Residents and visitors can enjoy outdoor activities, explore local shops, and participate in community festivals that showcase the town's unique charm.

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