DSCR up to 8 units in Nemo, TX

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

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

Investment Opportunities in Nemo, TX

Benefits of DSCR Loan in Nemo, Texas

DSCR (Debt Service Coverage Ratio) loans provide a reliable financing option for real estate investors in Nemo, Texas. With a DSCR loan, borrowers can secure funding based on the property's income potential rather than personal credit scores, making it attractive for new investors or those with less-than-perfect credit.

Demographics

Nemo, Texas, a small unincorporated community, boasts a population that values a close-knit community feel. The area is ideal for those seeking a peaceful retreat from city life while still being in close proximity to urban amenities.

Housing Market

The housing market in Nemo, Texas, offers diverse options, from cozy cabins to spacious ranch-style homes. Real estate prices are competitive, providing opportunities for both investors and homebuyers looking to settle down in a serene environment.

Main Attractions

Nemo's main attractions include picturesque hiking trails, serene fishing spots, and charming local eateries. Residents and visitors can enjoy the scenic beauty of the nearby countryside and participate in outdoor activities throughout the year.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now