DSCR up to 8 units in Lott, TX

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

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

Investment Opportunities in Lott, TX

Benefits of DSCR Loans in Lott, Texas

DSCR (Debt-Service Coverage Ratio) loans in Lott, Texas offer numerous benefits to potential borrowers. These loans are ideal for real estate investors looking to finance income-producing properties. The key advantage is that DSCR loans assess the property's ability to generate income rather than solely relying on the borrower's credit score.

Lott, Texas, is a small town with a population of approximately 700 residents. The demographics of the town consist of a tight-knit community where neighbors often know each other. The cost of living in Lott is lower than the national average, making it an attractive option for those seeking affordable housing and a slower pace of life.

The housing market in Lott, Texas, is characterized by a variety of property types, including single-family homes, ranch-style houses, and agricultural land. With the help of DSCR loans, investors can capitalize on the town's affordable real estate prices to build a diverse investment portfolio. This can lead to long-term financial stability and growth.

Aside from its real estate opportunities, Lott, Texas, boasts several main attractions, such as the Lott Watermelon Festival, an annual event that celebrates the town's agricultural heritage. Additionally, the town is known for its friendly atmosphere, local eateries, and outdoor recreational activities, making it an appealing place to live and invest in.

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