DSCR up to 8 units in Refugio, TX

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

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

Investment Opportunities in Refugio, TX

Benefits of a DSCR Loan in Refugio, Texas

DSCR (Debt Service Coverage Ratio) loans offer several benefits to borrowers in Refugio, Texas. These loans provide a more comprehensive analysis of a borrower's ability to repay debt, allowing for greater flexibility and higher loan amounts.

In terms of demographics, Refugio is a charming small town with a population that values community and tradition. The town has a rich history and a diverse population, creating a welcoming and inclusive environment for residents.

The housing market in Refugio is stable, with a variety of housing options available to suit different budgets and preferences. DSCR loans can help individuals looking to buy or invest in property navigate the market more effectively and secure favorable financing terms.

Some of the main attractions in Refugio include beautiful parks, historic sites, and cultural events that showcase the town's unique heritage. Residents and visitors alike can enjoy outdoor activities, local cuisine, and family-friendly entertainment options.

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