DSCR up to 8 units in Big Spring, TX

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

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

Investment Opportunities in Big Spring, TX

Benefits of DSCR Loan in Big Spring, Texas

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for individuals in Big Spring, Texas. These loans are ideal for real estate investors seeking financing with a focus on property income rather than personal income. DSCR loans provide flexibility in qualifying for larger loan amounts and typically have lower interest rates than traditional mortgages.

In terms of demographics, Big Spring, Texas, is a vibrant community with a population known for its diversity and friendly atmosphere. The city boasts a mix of professionals, families, and retirees, creating a rich tapestry of lifestyles and backgrounds.

Big Spring's housing market is robust, offering a range of properties from cozy starter homes to spacious estates. The market has shown steady growth in recent years, making it an attractive location for real estate investment. With the availability of DSCR loans, investors have the opportunity to capitalize on the city's thriving real estate market.

When it comes to attractions, Big Spring has something for everyone. From the stunning views at Big Spring State Park to the fascinating Heritage Museum of Big Spring, there are plenty of cultural and recreational activities to enjoy. The city's vibrant downtown area offers a variety of dining, shopping, and entertainment options, making Big Spring a dynamic place to live and invest.

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