DSCR up to 8 units in Amarillo, TX

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

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

Investment Opportunities in Amarillo, TX

Benefits of DSCR Loan in Amarillo, Texas

DSCR loans can be highly beneficial for real estate investors in Amarillo, Texas. These loans are specifically tailored for income-producing properties, allowing investors to qualify based on the property's debt service coverage ratio rather than personal income. This can enable investors to secure higher loan amounts and lower interest rates, enhancing their investment potential.

Demographically, Amarillo is a vibrant city located in the Texas Panhandle. With a diverse population of around 200,000 residents, the city offers a mix of cultural influences and a strong sense of community. The cost of living in Amarillo is relatively low compared to other major cities, making it an attractive location for real estate investment.

The housing market in Amarillo is dynamic, with a range of properties available for investors. The city offers a mix of single-family homes, multi-unit buildings, and commercial properties, providing ample opportunities for investment diversification. The market has shown steady growth in recent years, with property values appreciating, making it a favorable environment for real estate investors.

Some main attractions in Amarillo include the iconic Cadillac Ranch, the vibrant Historic Route 66 area, and the Palo Duro Canyon State Park, known for its stunning landscapes and outdoor recreational opportunities. These attractions enhance the city's appeal to both residents and visitors, contributing to its overall desirability as a location for real estate investment.

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