DSCR up to 8 units in Manchaca, TX

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

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

Investment Opportunities in Manchaca, TX

Benefits of DSCR Loan in Manchaca, Texas

A Debt-Service Coverage Ratio (DSCR) loan offers numerous benefits to borrowers in Manchaca, Texas. This type of loan provides a more accurate assessment of a borrower's ability to repay the loan by considering the property's income-generating potential. This can result in larger loan amounts and better terms for borrowers.

In terms of demographics, Manchaca is a quaint and diverse community located in Travis County, Texas. With a population of approximately 1,133 residents, the area offers a tight-knit community feel with a mix of different cultural backgrounds and age groups.

The housing market in Manchaca is thriving, with a range of housing options available to suit various needs and preferences. From modern single-family homes to spacious condos and townhouses, the real estate market in Manchaca caters to a diverse range of homebuyers.

Some main attractions in Manchaca include the beautiful McKinney Falls State Park, known for its scenic trails and waterfalls, and the popular Moontower Saloon, a local favorite for enjoying live music and delicious food in a relaxed outdoor setting.

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