DSCR up to 8 units in Runge, TX

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

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

Investment Opportunities in Runge, TX

Benefits of DSCR Loan in Runge, Texas

Benefits:

A Debt-Service Coverage Ratio (DSCR) loan in Runge, Texas offers borrowers the advantage of lower interest rates due to the property’s ability to generate income and cover debt payments effectively, reducing the lender's risk.

Demographics:

Runge, Texas, a small town with a population of around 1,000, boasts a close-knit community where residents enjoy a peaceful and welcoming environment. The town has a diverse demographic profile, with a mix of age groups and cultural backgrounds.

Housing Market:

The housing market in Runge, Texas, is characterized by affordable prices compared to surrounding areas, making it an attractive option for first-time homebuyers or those looking to invest in rental properties. The market is stable, with a variety of housing options to suit different needs.

Main Attractions:

Despite its small size, Runge offers a range of attractions such as the historic Runge Depot, picturesque parks for outdoor activities, and local restaurants serving delicious Texan cuisine. Residents can also enjoy easy access to nearby cities for additional entertainment options.

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