DSCR up to 8 units in Albany, TX

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

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

Investment Opportunities in Albany, TX

Benefits of DSCR Loan in Albany, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages for real estate investors in Albany, Texas. These loans help investors secure financing by emphasizing the property's income potential over personal credit scores, making them ideal for purchasing income-generating properties.

Albany, Texas, is a charming historic town with a population of around 2,000 residents. The community boasts a rich western heritage, with various cultural events that celebrate the town's history. The town's demographics show a mix of families and retirees, creating a diverse and welcoming environment.

The housing market in Albany, Texas, is stable and offers a variety of investment opportunities. With the help of DSCR loans, investors can leverage the market's steady growth to generate rental income and build equity. The town's affordable housing options make it an attractive location for both first-time homebuyers and seasoned investors.

Albany, Texas, is known for its scenic beauty and outdoor recreational activities. The town is home to attractions such as Fort Griffin State Historic Site, Old Jail Art Center, and the annual Fort Griffin Fandangle, a popular outdoor musical that showcases the town's heritage. These attractions contribute to the town's bustling tourism industry and provide ample entertainment options for residents.

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