DSCR up to 8 units in Olmito, TX

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

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

Investment Opportunities in Olmito, TX

Benefits of DSCR Loans in Olmito, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages for individuals looking to invest in Olmito, Texas. These loans provide more flexibility, better interest rates, and increased loan amounts compared to traditional mortgages.

Olmito, Texas, a small town with a population of approximately 1,200 residents, offers a diverse demographic mix. The community is known for its friendly atmosphere, strong sense of unity, and cultural diversity, creating a welcoming environment for newcomers.

The housing market in Olmito, Texas, is currently experiencing steady growth, making it an attractive location for real estate investments. With a range of affordable housing options and increasing property values, it presents opportunities for both homeowners and investors.

Some of the main attractions in Olmito include its beautiful natural landscapes, such as Resaca de la Palma State Park, offering outdoor recreational activities. Additionally, the town has a rich history showcased in its museums and historical sites, providing cultural enrichment for residents and visitors.

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