DSCR up to 8 units in Santa Maria, TX

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

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

Investment Opportunities in Santa Maria, TX

Benefits of DSCR Loan in Santa Maria, Texas

DSCR (Debt Service Coverage Ratio) loans are an excellent financing option for individuals in Santa Maria, Texas, looking to invest in real estate. These loans offer a lower risk profile for lenders as they are secured by the property being purchased.

Santa Maria, Texas, is a vibrant community with a diverse population. The town has a mix of cultures, with a strong Hispanic influence. It boasts a young demographic, with a median age in the mid-30s, making it an attractive location for young families and professionals.

The housing market in Santa Maria, Texas, is stable and offers opportunities for both buyers and sellers. The median home price is affordable compared to other parts of Texas, making it an ideal location for first-time homebuyers or investors looking for rental properties.

Some of the main attractions in Santa Maria include its rich cultural heritage, beautiful parks, and proximity to the Gulf Coast beaches. Residents and visitors can enjoy outdoor activities such as hiking, fishing, and exploring the local cuisine.

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