DSCR up to 8 units in Enochs, TX

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

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

Investment Opportunities in Enochs, TX

DSCR Loan Benefits in Enochs, Texas

DSCR loans in Enochs, Texas offer numerous benefits for individuals and businesses. One of the primary advantages is the ability to secure financing based on the property's income potential rather than personal income. This can be especially beneficial for investors looking to purchase commercial properties or rental units.

Another key benefit of DSCR loans is the lower risk for lenders, as the property itself serves as collateral. This can lead to more favorable loan terms and higher loan amounts for borrowers. Additionally, DSCR loans typically have flexible repayment options, making it easier for borrowers to manage their cash flow.

Furthermore, DSCR loans can help boost the local economy in Enochs by encouraging property development and renovation projects. This can lead to increased property values, job creation, and economic growth in the community.

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