DSCR up to 8 units in Los Indios, TX

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

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

Investment Opportunities in Los Indios, TX

Benefits of DSCR Loan in Los Indios, Texas

DSCR (Debt Service Coverage Ratio) loans offer several benefits to potential borrowers in Los Indios, Texas. These loans provide favorable terms and interest rates to individuals or businesses seeking financing for income-producing properties. The DSCR ratio ensures that the property's income can cover the loan payments, reducing the risk for lenders and borrowers alike.

Demographics

Los Indios, a small town in Texas, has a diverse population with a majority of Hispanic residents. The town has a close-knit community that values traditions and cultural celebrations. The demographic makeup reflects a mix of age groups, with a growing number of young families moving to the area for its peaceful surroundings and family-friendly environment.

Housing Market

The housing market in Los Indios offers affordable options for both buying and renting. The demand for housing is steady, with a range of single-family homes and apartments available. The town's proximity to major cities like Brownsville and Harlingen makes it an attractive location for those seeking a quieter lifestyle while still being close to urban amenities.

Main Attractions

Despite its small size, Los Indios has several attractions that draw visitors and residents alike. The town is known for its annual festivals that celebrate its rich cultural heritage, including traditional music, dance, and food. Nature lovers can also enjoy the nearby wildlife refuge and scenic parks for outdoor activities.

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