DSCR up to 8 units in Mineral, TX

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

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

Investment Opportunities in Mineral, TX

Benefits of DSCR Loan in Mineral, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for residents in Mineral, Texas. These loans enable individuals to secure financing for investment properties without relying solely on personal income. By using the property's income to qualify, borrowers can expand their real estate portfolio and increase their passive income streams.

Demographically, Mineral, Texas, is a vibrant community with a population that values small-town charm and a close-knit environment. The area boasts a diverse population with strong community ties, making it an ideal place for families and individuals seeking a peaceful yet engaging lifestyle.

The housing market in Mineral, Texas, presents attractive opportunities for both buyers and investors. With a range of housing options from single-family homes to multi-unit properties, the market caters to various preferences and budgets. Additionally, the steady demand for rental properties ensures a stable investment environment for landlords.

Some of the main attractions in Mineral, Texas, include its picturesque natural surroundings, such as the Brazos River and nearby state parks. Residents and visitors can enjoy outdoor activities like hiking, fishing, and camping. Additionally, the town's historic sites and local festivals provide cultural enrichment and entertainment for all ages.

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