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DSCR loan in San Juan, 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 Juan, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in San Juan, 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 Juan, TX real estate investors have you covered.
A Debt-Service Coverage Ratio (DSCR) loan in San Juan, Texas offers various benefits to borrowers. With this type of loan, borrowers can secure financing based on the property's income instead of their personal income, making it an attractive option for real estate investors. Demographically, San Juan is a diverse city with a predominantly Hispanic population. The cost of living is lower compared to the national average, making it an affordable place to reside. The city's proximity to McAllen and the Mexican border makes it a strategic location for business and leisure. In terms of the housing market, San Juan offers a mix of affordable homes and investment properties. The city has seen steady property appreciation over the years, creating opportunities for both homeowners and real estate investors. DSCR loans can help buyers access this growing market. Main attractions in San Juan include the Basilica of Our Lady of San Juan Del Valle National Shrine, a popular pilgrimage site. The city also has a vibrant cultural scene with events celebrating its Mexican heritage. Additionally, outdoor enthusiasts can enjoy the nearby Bentsen-Rio Grande Valley State Park for nature activities.
Benefits of DSCR Loan in San Juan, Texas
