DSCR up to 8 units in San Elizario, TX

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

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

Investment Opportunities in San Elizario, TX

Benefits of DSCR Loan in San Elizario, Texas

A Debt Service Coverage Ratio (DSCR) loan in San Elizario, Texas offers financial advantages to borrowers by providing a more accurate measure of a property's ability to generate income relative to its debt obligations. This allows investors to secure loans based on the property's revenue potential rather than personal credit history.

San Elizario, Texas, a charming historic town, boasts a diverse demographic makeup. With a mix of Hispanic, White, and other ethnicities, the community thrives on cultural diversity. The town's population of approximately 9,000 residents enjoys a serene suburban lifestyle in close proximity to El Paso.

The housing market in San Elizario is dynamic, offering a range of affordable options for potential buyers. The median home price is below the national average, making it an attractive location for first-time homebuyers or investors looking for a promising real estate market with growth potential.

Some of San Elizario's main attractions include the San Elizario Historic District, which features preserved adobe structures and a vibrant arts scene. The San Elizario Plaza is a popular gathering spot for locals and visitors, hosting events that celebrate the town's rich cultural heritage.

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