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DSCR loan in Bovina, 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 Bovina, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Bovina, 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 Bovina, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans provide a number of advantages for individuals in Bovina, Texas looking to invest in real estate. These loans are advantageous for borrowers because they do not rely solely on personal credit scores, but rather focus on the potential income generated by the property itself. Demographics: Bovina, Texas, with a population of approximately 1,800 residents, is a small but close-knit community. The majority of the population is employed in the agriculture industry, contributing to the town's vibrant rural atmosphere. Housing Market: Bovina's housing market is stable and offers opportunities for both buyers and sellers. With a median home price below the national average, it represents an affordable option for those looking to purchase property in a peaceful setting. Main Attractions: Bovina is known for its friendly community spirit and annual events like the Bovina Rodeo, which draws visitors from neighboring towns. Additionally, the town's proximity to natural attractions like Palo Duro Canyon State Park offers outdoor recreational opportunities for residents and visitors alike.
Benefits of DSCR Loan in Bovina, Texas
