DSCR up to 8 units in Arp, TX

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

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

Investment Opportunities in Arp, TX

Benefits of DSCR Loan in Arp, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for individuals in Arp, Texas. These loans provide lower down payment requirements, making them more accessible for potential homeowners. Additionally, DSCR loans typically have lower interest rates compared to conventional mortgages, resulting in reduced long-term costs for borrowers. Moreover, these loans are ideal for investors seeking to finance rental properties as the rental income can be used to qualify for the loan.

Arp, Texas, is a charming town with a population of approximately XXXX residents. The demographics of the area are predominantly composed of families and retirees, creating a close-knit community atmosphere. The town also boasts a diverse cultural landscape with a blend of traditional Southern hospitality and modern amenities.

The housing market in Arp offers a range of options for potential buyers. With a mix of historic homes and new developments, individuals can find properties suited to their preferences and budgets. The median home value in Arp is $XXX,XXX, making it an attractive location for first-time buyers and investors alike.

Arp, Texas, features several main attractions, including picturesque parks, local shops, and renowned dining establishments. The town's close proximity to natural landmarks, such as lakes and hiking trails, provides residents with ample opportunities for outdoor activities and relaxation.

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