DSCR up to 8 units in West Columbia, TX

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

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

Investment Opportunities in West Columbia, TX

Benefits of DSCR Loans

DSCR loans in West Columbia, Texas offer numerous benefits, including competitive interest rates, flexible terms, and higher borrowing limits. These loans are ideal for real estate investors looking to finance income-generating properties.

Demographics

West Columbia, Texas has a population of approximately 4,000 residents. The town has a diverse community with a mix of families, young professionals, and retirees. The median household income is around $50,000, making it an affordable place to live.

Housing Market

The housing market in West Columbia is stable and offers a variety of options, including single-family homes, townhouses, and apartments. The median home price is $200,000, with an average appreciation rate of 3% per year. DSCR loans can help investors take advantage of these opportunities.

Main Attractions

West Columbia is known for its historical sites, outdoor recreational activities, and charming downtown area. Some main attractions include the Varner-Hogg Plantation State Historic Site, the Columbia Historical Museum, and the Brazos Bend State Park, offering residents and visitors plenty to explore and enjoy.

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