DSCR up to 8 units in Ferris, TX

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

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

Investment Opportunities in Ferris, TX

Benefits of DSCR Loans in Ferris, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages for borrowers in Ferris, Texas. These loans are tailored for income-generating properties and focus on the property's ability to generate income to cover the debt payments, making them an attractive option for real estate investors.

Demographics of Ferris, Texas

Ferris, Texas, is a charming city located in Ellis County with a diverse population of around 2,500 residents. The community in Ferris is known for its friendly atmosphere and strong sense of community, making it an ideal place for families and individuals looking for a peaceful living environment.

Housing Market in Ferris, Texas

The housing market in Ferris, Texas, offers a variety of options for homebuyers, from historic properties to modern developments. The median home price in Ferris is affordable, making it an appealing location for first-time homebuyers and investors alike. With a stable market and steady appreciation rates, Ferris presents a promising investment opportunity in real estate.

Main Attractions in Ferris, Texas

Ferris, Texas, boasts a range of attractions for residents and visitors alike. From local parks and recreational facilities to historical landmarks and cultural events, there is always something to do in Ferris. The city's close-knit community and welcoming atmosphere make it a great place to call home.

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