DSCR up to 8 units in Three Rivers, TX

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

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

Investment Opportunities in Three Rivers, TX

Benefits of DSCR Loan in Three Rivers, Texas

In Three Rivers, Texas, a Debt-Service Coverage Ratio (DSCR) loan offers significant benefits to borrowers. One primary advantage is the ability to secure financing based on the property's income potential rather than personal income. This can be especially beneficial for investors looking to purchase or refinance rental properties.

Demographically, Three Rivers has a population of approximately 1,900 residents, with a median age of 36 years old. The town boasts a diverse community, with a mix of Hispanic, Caucasian, and African American residents contributing to its vibrant culture.

On the housing market front, Three Rivers offers a variety of properties ranging from historic homes to modern apartments. The affordable cost of living in the area makes owning a home more accessible to residents, with a healthy balance of rental and ownership options available.

Some main attractions in Three Rivers include the Choke Canyon State Park, known for its fishing and recreational activities, and the Three Rivers Historical Museum, which offers insights into the town's rich history. Additionally, the annual Frio Riverfest attracts visitors with music, food, and local art.

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