DSCR up to 8 units in Louise, TX

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

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

Investment Opportunities in Louise, TX

Benefits of DSCR Loan in Louise, Texas

DSCR loans in Louise, Texas provide numerous benefits for borrowers. One of the key advantages is that these loans are based on the property's cash flow and not the borrower's personal income. This makes it easier for investors and businesses to secure financing for properties without relying solely on their personal finances.

Moreover, DSCR loans typically have lower interest rates compared to traditional mortgages, leading to reduced borrowing costs over the life of the loan. Additionally, these loans often have longer repayment terms, providing borrowers with more flexibility in managing their cash flow and finances.

Furthermore, DSCR loans can help investors diversify their real estate portfolios and expand their holdings in Louise, Texas, contributing to the growth and development of the local housing market and economy.

Demographics

Louise, Texas, is a charming small town with a population of approximately X, characterized by a close-knit community and a strong sense of pride in its rich history and heritage. The town is known for its welcoming residents and a relaxed pace of life, making it an ideal place for families and retirees to settle down.

Housing Market

The housing market in Louise, Texas, offers a mix of historic homes, modern developments, and spacious ranch properties, catering to a diverse range of preferences and budgets. The market is currently experiencing steady growth, with property values appreciating and new construction projects enhancing the overall housing stock in the area.

Main Attractions

Some of the main attractions in Louise, Texas, include the scenic Brazos River, perfect for outdoor activities like fishing and kayaking. The town also boasts quaint shops, local eateries serving up delicious Southern cuisine, and vibrant community events that bring residents together to celebrate the town's unique culture and heritage.

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