DSCR up to 8 units in Aspermont, TX

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

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

Investment Opportunities in Aspermont, TX

Benefits of DSCR Loan in Aspermont, Texas

The Debt Service Coverage Ratio (DSCR) loan in Aspermont, Texas offers numerous advantages to borrowers. It provides a more accurate assessment of the borrower's ability to repay a loan by considering the property's income. This results in potentially higher loan amounts and lower interest rates, making it an attractive option for real estate investors.

Aspermont, Texas, with a population of approximately 900 residents, offers a quaint and tight-knit community feel. The town boasts a diverse demographic mix of residents, with a median age of 42 years. The area's economy is primarily driven by agriculture, oil, and gas industries, providing a stable economic base.

The housing market in Aspermont is characterized by affordable prices and a range of property types, from single-family homes to ranch-style estates. The DSCR loan can help aspiring homeowners access financing for their dream properties with favorable terms. With a low cost of living and a peaceful atmosphere, Aspermont presents an attractive option for individuals seeking a relaxed lifestyle.

While in Aspermont, visitors can explore attractions such as the Stonewall Jackson Hotel, the historic Fort Belknap, and the beautiful Salt Fork River. Outdoor enthusiasts can enjoy activities like hiking, fishing, and camping in the scenic surroundings of Stonewall County. The town's rich history and close-knit community make it a charming destination for residents and tourists alike.

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