DSCR up to 8 units in Apple Springs, TX

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

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

Investment Opportunities in Apple Springs, TX

Benefits of DSCR Loan in Apple Springs, Texas

DSCR (Debt Service Coverage Ratio) loans in Apple Springs, Texas offer numerous benefits to potential homeowners. One of the key advantages is the ability to secure financing even with lower credit scores, as the focus is more on the property's income potential rather than the borrower's credit history.

Demographically, Apple Springs is a small town located in Trinity County, Texas, with a population of around 1,200 residents. The area is known for its tight-knit community, safe neighborhoods, and friendly atmosphere, making it an ideal place to raise a family or retire.

In terms of the housing market, Apple Springs offers a diverse range of properties, from cozy single-family homes to expansive ranch-style estates. The market is currently stable, with steady appreciation rates and affordable housing options, making it an attractive destination for both first-time buyers and seasoned investors.

Some of the main attractions in Apple Springs include the picturesque Davy Crockett National Forest, which offers hiking, camping, and fishing opportunities, as well as the nearby Lake Livingston, perfect for water sports and relaxation. The town also boasts charming local shops, restaurants, and community events that showcase its unique charm and hospitality.

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