DSCR up to 8 units in Farwell, TX

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

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

Investment Opportunities in Farwell, TX

Benefits of DSCR Loans in Farwell, Texas

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for individuals looking to invest in real estate in Farwell, Texas. One advantage is the ability to secure financing based on the property's income potential rather than personal income. This can be particularly beneficial for investors with multiple properties or variable income streams.

Farwell, Texas, with a population of approximately 1,364, is a small but vibrant community known for its friendly residents and tight-knit feel. The town boasts a diverse demographic mix, with a median age of 39 years old. The cost of living is relatively low compared to national averages, making it an attractive location for families and retirees alike.

The housing market in Farwell is currently experiencing steady growth, with an increase in property values over the past few years. Despite this growth, the real estate market remains affordable, offering a range of housing options to suit different budgets. DSCR loans can help aspiring homeowners capitalize on these favorable market conditions to purchase their dream home.

Farwell, Texas, may be a small town, but it has plenty to offer residents and visitors. From picturesque parks and recreational areas to local farmers' markets and community events, there is always something to see and do in Farwell. The town's welcoming atmosphere and charming Main Street make it a delightful place to call home.

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