DSCR up to 8 units in Goree, TX

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

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

Investment Opportunities in Goree, TX

Benefits of DSCR Loan in Goree, Texas

DSCR loans in Goree, Texas offer numerous advantages to borrowers. These loans are specifically designed for real estate investors and property owners, providing them with the ability to finance properties based on the property's income rather than the borrower's personal income.

Demographically, Goree, Texas is a small town with a close-knit community. The population is around 600 residents, offering a tight community feel where neighbors know each other. The town has a mix of working professionals, retirees, and families, creating a diverse and welcoming environment.

Regarding the housing market, Goree, Texas, offers affordable real estate options compared to larger cities. The market is stable with moderate growth, making it an attractive location for real estate investment. With the benefits of DSCR loans, investors can capitalize on the town's potential for property appreciation and rental income.

Some of the main attractions in Goree include the historic Goree Prison Museum, showcasing the town's rich history. Outdoor enthusiasts can enjoy the nearby parks and recreational areas for hiking, fishing, and picnicking. Additionally, the vibrant local dining scene and community events make Goree a charming place to live and invest in.

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