DSCR up to 8 units in Saint Jo, TX

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

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

Investment Opportunities in Saint Jo, TX

Benefits of DSCR Loan in Saint Jo, Texas

A Debt Service Coverage Ratio (DSCR) loan in Saint Jo, Texas offers numerous advantages, making it an attractive financing option for real estate investments. One of the primary benefits is the ability to secure a higher loan amount due to the focus on property income rather than personal income. This can enable investors to acquire larger properties or fund expansion projects.

Furthermore, DSCR loans typically have lower interest rates and longer repayment terms compared to traditional loans, leading to reduced monthly payments and improved cash flow. This can provide investors with more financial flexibility and stability, especially during economic downturns or unexpected expenses.

Another key advantage of DSCR loans is the flexibility in use, allowing investors to finance various property types such as residential, commercial, or mixed-use properties in Saint Jo, Texas, catering to diverse investment needs and strategies.

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