DSCR up to 8 units in Mereta, TX

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

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

Investment Opportunities in Mereta, TX

DSCR Loan Benefits in Mereta, Texas

DSCR (Debt Service Coverage Ratio) loans offer significant benefits for individuals in Mereta, Texas looking to invest in real estate. These loans provide a more flexible and less strict qualification process compared to traditional mortgages, making them accessible to a wider range of borrowers.

Demographics in Mereta, Texas showcase a small but growing community with a mix of young professionals and families. The median age is 36 years old, and the majority of residents own their homes, reflecting a stable and established neighborhood ideal for property investments.

The housing market in Mereta, Texas is currently experiencing steady growth, with property values increasing annually. The market offers a variety of housing options, from cozy single-family homes to modern apartments, catering to diverse preferences and budgets.

Main attractions in Mereta, Texas include the beautiful Mereta Springs, a popular recreational spot for locals and visitors alike. Additionally, the vibrant downtown area is filled with charming shops, eateries, and cultural attractions, creating a welcoming and lively atmosphere for residents.

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