DSCR up to 8 units in Santa Elena, TX

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

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

Investment Opportunities in Santa Elena, TX

DSCR Loan Benefits in Santa Elena, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for potential homebuyers in Santa Elena, Texas. These loans provide a more accurate assessment of a borrower's ability to afford a mortgage by considering their income in relation to their total debt obligations. This can result in more favorable loan terms and increased chances of loan approval.

Demographically, Santa Elena, Texas, is a diverse community with a rich cultural heritage. Its population consists of a mix of Hispanic, Caucasian, and Indigenous peoples, creating a vibrant and inclusive atmosphere. The town has a strong sense of community, with residents who take pride in their shared history and traditions.

The housing market in Santa Elena offers a mix of traditional single-family homes, modern condominiums, and spacious ranch-style properties. The real estate market is stable, with steady appreciation in home values over the years. With the help of DSCR loans, potential homebuyers can capitalize on favorable interest rates and flexible financing options.

Santa Elena boasts a range of attractions that cater to both residents and visitors. The town is home to historical sites such as the Santa Elena Canyon, offering stunning views and recreational activities for nature enthusiasts. Additionally, the local dining scene features a mix of Tex-Mex cuisine and authentic Mexican dishes, adding to the town's cultural charm.

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