DSCR up to 8 units in Mertens, TX

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

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

Investment Opportunities in Mertens, TX

Benefits of a DSCR Loan in Mertens, Texas

A Debt Service Coverage Ratio (DSCR) loan in Mertens, Texas offers significant advantages to borrowers. One key benefit is that it allows investors to secure financing based on the property's income potential rather than personal income. This is particularly beneficial for real estate investors seeking to purchase income-generating properties.

Mertens, Texas, a small yet charming town, boasts a population with a mix of families and retirees. The median household income is above the national average, making it an attractive location for those looking for affordable living with access to urban amenities in nearby cities like Dallas and Fort Worth.

The housing market in Mertens, Texas, is stable and offers diverse options ranging from historic homes to modern developments. With a relatively low median home price compared to neighboring urban areas, Mertens presents an opportunity for homebuyers and investors to capitalize on affordable real estate investments.

While Mertens is known for its serene countryside and outdoor recreational activities, it also features attractions such as the Mertens Museum showcasing local history and culture. Additionally, the town's proximity to Lake Aquilla provides residents and visitors with opportunities for fishing, boating, and other water-based activities.

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