DSCR up to 8 units in South Bend, TX

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

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

Investment Opportunities in South Bend, TX

Benefits of DSCR Loan in South Bend, Texas

DSCR loans bring numerous benefits to potential property buyers in South Bend, Texas. These loans prioritize the property's income potential rather than the buyer's credit score, making them ideal for self-employed individuals or those with irregular income streams.

In terms of demographics, South Bend, Texas, is a vibrant community with a diverse population. The town boasts a mix of young families, professionals, and retirees, creating a rich tapestry of cultures and backgrounds.

The housing market in South Bend is flourishing, with a range of affordable and luxury properties available. DSCR loans provide opportunities for individuals to invest in the town's real estate market and secure attractive properties without the traditional financial constraints.

Some main attractions in South Bend include the picturesque River Walk, where residents can enjoy leisurely strolls along the water, and the renowned South Bend Museum of Art, showcasing the region's creative talent and cultural heritage.

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