DSCR up to 8 units in New Ulm, TX

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

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

Investment Opportunities in New Ulm, TX

Exploring the Benefits of DSCR Loan in New Ulm, Texas

DSCR (Debt Service Coverage Ratio) loans in New Ulm, Texas offer numerous benefits to potential homeowners. These loans provide a greater level of financial security by ensuring that borrowers have sufficient income to cover mortgage payments and other debts. Additionally, DSCR loans typically have lower interest rates, making homeownership more affordable in the long run.

In terms of demographics, New Ulm, Texas, is a vibrant community with a mix of residents from various backgrounds. The town has a strong sense of community, making it an ideal place for families and individuals looking to settle down. The population in New Ulm is characterized by a blend of age groups, professions, and cultural diversity.

The housing market in New Ulm, Texas, offers a diverse range of options for potential buyers. From spacious single-family homes to cozy townhouses, there is something for everyone in this market. With relatively stable property values and a variety of housing styles, New Ulm provides opportunities for first-time buyers and seasoned homeowners alike.

Some main attractions in New Ulm include its charming downtown area, historical sites, and recreational facilities. Visitors and residents alike can enjoy exploring local shops, dining at cozy restaurants, and participating in community events. Outdoor enthusiasts can take advantage of parks, trails, and nearby nature reserves for recreation and relaxation.

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