DSCR up to 8 units in Bigfoot, TX

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

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

Investment Opportunities in Bigfoot, TX

Benefits of DSCR Loan in Bigfoot, Texas

DSCR loans, also known as Debt-Service Coverage Ratio loans, offer significant advantages to borrowers in Bigfoot, Texas. These loans are popular due to their focus on the property's income rather than the borrower's credit score, making them accessible to a larger pool of investors and property owners.

Demographics in Bigfoot, Texas, show a diverse community with a mix of rural charm and modern amenities. The population consists of families, young professionals, and retirees, creating a dynamic environment that appeals to a wide range of individuals looking to invest in real estate.

The housing market in Bigfoot, Texas, is thriving, with steady appreciation rates and a strong demand for both rental and for-sale properties. DSCR loans provide flexibility for investors to capitalize on these market conditions, allowing them to leverage their properties and maximize returns on their investments.

Some of the main attractions in Bigfoot, Texas, include the scenic countryside, historical landmarks, and outdoor recreational opportunities. Residents and visitors alike enjoy exploring the local parks, dining at charming eateries, and experiencing the rich culture of this vibrant community.

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