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DSCR loan in Mertzon, 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 Mertzon, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Mertzon, 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 Mertzon, TX real estate investors have you covered.
DSCR (debt service coverage ratio) loans offer numerous benefits for borrowers in Mertzon, Texas. One of the key advantages is that they take into account the property's ability to generate income, rather than focusing solely on the borrower's credit score. This makes them an attractive option for investors and property owners looking to finance income-producing properties. Demographics in Mertzon, Texas show a population of approximately 781 residents. The small town offers a tight-knit community feel with a median age of 39 years. The town is predominantly Caucasian, with a growing Hispanic population, making it a diverse and welcoming place to live. The housing market in Mertzon, Texas is characterized by affordable property prices compared to nearby cities. With a median home value of $97,500, the market offers opportunities for first-time homebuyers and investors alike. The town's real estate market is stable, with a steady increase in property values over the past few years. Main attractions in Mertzon include the Concho River, perfect for fishing and outdoor activities. The town also boasts historical sites such as the Mertzon Ice House and local events like the annual Nut Festival, offering a taste of the town's unique culture and heritage.
Benefits of DSCR Loans in Mertzon, Texas
