DSCR up to 8 units in Port Mansfield, TX

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

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

Investment Opportunities in Port Mansfield, TX

The Benefits of a DSCR Loan in Port Mansfield, Texas

A Debt Service Coverage Ratio (DSCR) loan in Port Mansfield, Texas offers numerous advantages for both investors and homeowners. One of the key benefits is the lower risk associated with these loans due to the lender's focus on the property's income-generating potential rather than the borrower's credit score.

The demographics of Port Mansfield, Texas, paint a picture of a small coastal community with a population that enjoys a laid-back lifestyle. The majority of residents are retirees or vacation homeowners attracted to the area's tranquil environment and excellent fishing and boating opportunities.

In terms of the housing market, Port Mansfield offers a range of properties, including cozy beachfront cottages and spacious waterfront homes. The market is relatively stable, with a steady demand for vacation rentals and investment properties, making it an attractive option for those considering a DSCR loan.

Main attractions in Port Mansfield include its pristine beaches, world-class fishing spots, and charming local eateries. Outdoor enthusiasts will also appreciate the area's proximity to wildlife refuges and nature trails, making it a perfect destination for nature lovers.

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