DSCR up to 8 units in Big Lake, TX

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

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

Investment Opportunities in Big Lake, TX

Benefits of DSCR Loan in Big Lake, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to individuals looking to invest in properties in Big Lake, Texas. One of the main advantages is that DSCR loans look more at the property's income potential rather than the borrower's credit score, making it easier for investors to secure financing.

Demographically, Big Lake is a small, close-knit community located in West Texas. With a population of around 3,000 residents, the town offers a peaceful and welcoming environment for families and retirees alike.

In terms of the housing market, Big Lake has seen a steady increase in property values over the past few years due to its growing economy and proximity to oil and gas industries. This makes it an attractive location for real estate investors looking for appreciation and rental income.

Main attractions in Big Lake include Reagan County Park, known for its scenic views and outdoor recreational activities, as well as the Big Lake Oilfield Museum, which showcases the town's rich history in the oil industry.

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