DSCR up to 8 units in Mission, TX

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

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

Investment Opportunities in Mission, TX

Benefits of a DSCR Loan in Mission, Texas

A Debt Service Coverage Ratio (DSCR) loan in Mission, Texas offers numerous benefits for aspiring homeowners. One of the key advantages is that DSCR loans assess the ability of the property's income to cover the mortgage payments, reducing the risk for both borrowers and lenders.

Demographically, Mission, Texas boasts a diverse population with a mix of Hispanic, Caucasian, and other ethnic groups. The city has a vibrant community with a strong sense of culture and heritage, making it an attractive place to live for individuals and families alike.

In terms of the housing market, Mission, Texas, offers a range of affordable housing options, from single-family homes to apartments and townhouses. The city has seen steady growth in property values in recent years, making it a promising location for real estate investment.

Some main attractions in Mission, Texas, include the World Birding Center, Bentsen-Rio Grande Valley State Park, and the National Butterfly Center. These natural attractions make Mission a paradise for outdoor enthusiasts and nature lovers.

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