Get Approved at The Lowest Rate
DSCR loan in Garland, 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 Garland, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Garland, 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 Garland, TX real estate investors have you covered.
A Debt Service Coverage Ratio (DSCR) loan in Garland, Texas provides borrowers with a financial solution that offers a higher level of security to lenders, making it easier to secure financing for real estate investments. With a DSCR loan, borrowers can leverage the property's income to qualify for the loan, rather than relying solely on personal income or credit history. Garland, Texas, with a population of over 240,000 people, is a diverse community with a mix of cultures and backgrounds. The median household income is $54,901, and the city offers a range of amenities, including parks, shopping centers, and restaurants, making it an attractive place to live and invest in real estate. The housing market in Garland, Texas, is robust, with a median home value of $193,100. The market is experiencing steady growth, with a 5.6% increase in home values over the past year. This makes it an opportune time for real estate investors to explore buying or selling properties in the area. Main attractions in Garland include the Firewheel Town Center, a popular shopping and entertainment destination, as well as the Hawaiian Falls water park, offering fun for the whole family. Additionally, the city boasts a variety of parks and outdoor recreational spaces, making it a desirable location for residents and visitors alike.
Benefits of a DSCR Loan in Garland, Texas
