DSCR up to 8 units in Lolita, TX

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

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

Investment Opportunities in Lolita, TX

Benefits of DSCR Loan in Lolita, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Lolita, Texas. These loans provide financial flexibility by allowing borrowers to secure financing based on the property's income potential rather than personal income. This can be especially advantageous for real estate investors looking to expand their portfolios.

Demographics in Lolita, Texas showcase a small yet vibrant community. With a population of approximately XXXX residents, the town offers a close-knit feel where neighbors often know each other. The majority of residents are families, and the town has a low crime rate, making it an appealing place to live.

The housing market in Lolita, Texas is a mix of single-family homes, townhouses, and some apartment complexes. The real estate market is considered stable with moderate appreciation rates. The median home price is $XXX,XXX, making it an affordable option for families and first-time homebuyers looking to settle down in a quaint Texan town.

Main attractions in Lolita, Texas include the picturesque Lolita City Park, where residents and visitors can enjoy picnics, outdoor activities, and community events. Additionally, the town boasts a historic Main Street lined with charming shops and local eateries, offering a taste of small-town charm and hospitality.

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