DSCR up to 8 units in Fort Stockton, TX

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

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

Investment Opportunities in Fort Stockton, TX

Benefits of DSCR Loan in Fort Stockton, Texas

DSCR (Debt-Service Coverage Ratio) loans are advantageous for commercial property owners in Fort Stockton, Texas. These loans provide a way to finance properties based on the property's ability to generate cash flow, rather than relying solely on the borrower's credit score.

Demographically, Fort Stockton has a population of approximately 8,000 residents. The town boasts a diverse community, with a mix of Hispanic, White, and African American residents. The cost of living is relatively low, making it an attractive option for families and retirees looking for affordable housing options.

The housing market in Fort Stockton is stable, with a range of property types available including single-family homes, apartments, and commercial properties. The median home price is around $150,000, making it an affordable option for first-time homebuyers or investors looking to enter the market.

Some of the main attractions in Fort Stockton include the historic Annie Riggs Memorial Museum, the scenic Comanche Springs Swimming Pool, and the impressive Paisano Pete - the world's largest roadrunner statue. Outdoor enthusiasts can enjoy activities like hiking in Big Bend National Park or exploring the local trails.

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