DSCR up to 8 units in Millersview, TX

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

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

Investment Opportunities in Millersview, TX

Benefits of a DSCR Loan in Millersview, Texas

A DSCR (Debt Service Coverage Ratio) loan offers several advantages in Millersview, Texas. This type of loan is particularly beneficial for investors looking to finance income-producing properties such as rental units or commercial buildings. With a DSCR loan, the property's cash flow is the main consideration rather than the borrower's credit score, making it easier for investors to secure financing.

Demographics

Millersview, Texas, is a small but vibrant community with a population of approximately 400 residents. The town is known for its tight-knit community, low crime rates, and excellent public schools, making it an attractive location for families and retirees looking for a peaceful yet close-knit community to call home.

Housing Market

The housing market in Millersview is currently stable, with a mix of single-family homes, ranch-style properties, and some new developments. The median home price in the area is competitive, making it an affordable option for first-time homebuyers or investors looking to enter the market. With the availability of DSCR loans, investors have a unique opportunity to capitalize on the growing demand for rental properties in the area.

Main Attractions

Millersview offers a range of attractions and activities for residents and visitors alike. Outdoor enthusiasts can enjoy fishing and boating on the nearby Lake Ivie, while history buffs can explore the town's historic sites and museums. The community also hosts regular events and festivals, showcasing local artisans, musicians, and culinary delights.

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