DSCR up to 8 units in Lometa, TX

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

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

Investment Opportunities in Lometa, TX

Benefits of DSCR Loan in Lometa, Texas

DSCR (Debt Service Coverage Ratio) loans in Lometa, Texas offer borrowers a way to secure financing based on the property's income rather than personal income. This can be advantageous for investors looking to expand their real estate portfolios without affecting their personal debt-to-income ratios.

Demographics: Lometa, Texas, with a population of approximately [insert number] boasts a diverse community where [mention any notable demographics or statistics]. The town's charm lies in its friendly neighborhoods and strong community ties.

Housing Market: The housing market in Lometa, Texas is ideal for both first-time homebuyers and investors. With a median home value of [insert value], affordable housing options are available. The market is stable with steady growth, making it an attractive location for real estate investments.

Main Attractions: Lometa, Texas offers a range of attractions, including [list some main attractions like parks, historic sites, local events, etc.]. Residents and visitors can enjoy the tranquil surroundings and recreational opportunities that the town has to offer.

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