DSCR up to 8 units in Driftwood, TX

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

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

Investment Opportunities in Driftwood, TX

Benefits of DSCR Loan in Driftwood, Texas

DSCR loans offer numerous benefits for borrowers in Driftwood, Texas. These loans are specifically designed for income-producing properties, providing borrowers with better cash flow management and increased flexibility in loan terms. With a DSCR loan, borrowers can typically secure higher loan amounts compared to traditional mortgages, making it an attractive option for commercial real estate investments.

Driftwood, Texas, is a vibrant community with a diverse demographic profile. The town is characterized by a mix of young professionals, families, and retirees, creating a dynamic and inclusive environment. The population growth in Driftwood has been steady in recent years, reflecting the town's appeal to a variety of residents seeking a peaceful yet thriving community.

The housing market in Driftwood, Texas, presents a range of opportunities for both buyers and sellers. With a median home value that is competitive compared to neighboring areas, Driftwood offers affordable housing options for those looking to invest in real estate. The market trend shows a steady appreciation in property values, indicating a healthy and stable real estate market.

Driftwood, Texas, boasts a variety of main attractions that showcase the town's cultural richness and natural beauty. From local wineries and breweries to picturesque hiking trails and outdoor recreational areas, Driftwood offers residents and visitors alike a plethora of activities to enjoy. The town's charming downtown area is home to quaint shops, restaurants, and community events, fostering a sense of camaraderie among residents.

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