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DSCR loan in Port O Connor, 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 O Connor, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Port O Connor, 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 O Connor, TX real estate investors have you covered.
DSCR loans in Port O'Connor, Texas offer numerous benefits to borrowers. These loans are specifically designed for income-generating properties and provide a higher level of protection to lenders. Borrowers can benefit from lower interest rates, longer loan terms, and higher loan amounts compared to traditional mortgages. Port O'Connor, Texas, a small coastal community, boasts a population of approximately 1,253 residents. The town offers a laid-back lifestyle and a close-knit community feel. With a median household income of $49,853, Port O'Connor provides an affordable living option for both residents and visitors. The housing market in Port O'Connor is diverse, with a mix of single-family homes, vacation rentals, and waterfront properties. The median home value in the area is $239,000, making it an attractive location for both primary residence and investment opportunities. The market is stable, with moderate appreciation rates over the years. Main attractions in Port O'Connor include pristine beaches, excellent fishing opportunities, and a variety of water sports. Residents and tourists can enjoy activities such as boating, kayaking, and bird watching. The town also features local shops, restaurants, and convenient access to natural reserves.
DSCR Loan Benefits in Port O'Connor, Texas