DSCR up to 8 units in Smithville, TX

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

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

Investment Opportunities in Smithville, TX

Benefits of DSCR Loan in Smithville, Texas

DSCR (Debt-Service Coverage Ratio) loans provide significant advantages to borrowers in Smithville, Texas. These loans offer more flexibility in qualifying criteria, making it easier for individuals with varying income sources to secure financing for real estate investments.

Demographics in Smithville, Texas, show a diverse community with a population that values a tight-knit community feel. The town has a mix of young families, professionals, and retirees attracted to the area's natural beauty and peaceful surroundings.

The housing market in Smithville is characterized by a variety of housing options, including historic homes, new developments, and rural properties. The market is stable with steady appreciation rates, making it an attractive location for both first-time homebuyers and real estate investors.

Some main attractions in Smithville include the historic downtown district, the annual Smithville Jamboree, and the scenic Colorado River. Outdoor enthusiasts can enjoy hiking, fishing, and boating, while art lovers can explore local galleries and studios.

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