DSCR up to 8 units in Spicewood, TX

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

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

Investment Opportunities in Spicewood, TX

Benefits of DSCR Loans in Spicewood, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Spicewood, Texas. These loans are ideal for investors looking to finance rental properties, as they specifically assess the property's income potential rather than the borrower's credit score.

Demographically, Spicewood boasts a population with a median age of around 45 years old. The area is popular among families and retirees due to its serene environment and close-knit community feeling. The median household income is above the national average, indicating a financially stable population.

The housing market in Spicewood is thriving, with a diverse range of properties available. From sprawling ranch-style homes to modern townhouses, there is something for every taste and budget. The market is stable, offering good investment opportunities for those looking to capitalize on Spicewood's growing popularity.

Some of the main attractions in Spicewood include the stunning Lake Travis, which offers opportunities for boating, fishing, and other water activities. Additionally, the area is home to award-winning wineries and vineyards, providing a perfect spot for wine enthusiasts to explore and relax.

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