DSCR up to 8 units in Bishop, TX

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

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

Investment Opportunities in Bishop, TX

Benefits of DSCR Loan in Bishop, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Bishop, Texas comes with several benefits. One major advantage is that it allows investors to finance properties without relying solely on personal credit. This means that borrowers can secure funding based on the property's income potential rather than their individual creditworthiness.

DSCR loans also offer competitive interest rates and longer repayment terms compared to traditional loans. This can result in lower monthly payments, making it easier for investors to manage cash flow and maximize returns on their investment properties in Bishop, Texas.

Furthermore, DSCR loans provide flexibility in terms of property types that can be financed. From single-family homes to multifamily units and commercial properties, investors in Bishop, Texas have the opportunity to diversify their real estate portfolio with the help of DSCR loans.

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