DSCR up to 8 units in Grandfalls, TX

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

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

Investment Opportunities in Grandfalls, TX

The Benefits of DSCR Loan in Grandfalls, Texas

A Debt-Service Coverage Ratio (DSCR) loan offers numerous benefits for individuals in Grandfalls, Texas. This type of loan is tailored for real estate investors and provides a more comprehensive assessment of income to cover expenses, making it easier to secure funding for rental properties.

Grandfalls, Texas, with a population of around 500 residents, offers a unique demographic profile. The town boasts a tight-knit community where neighbors know each other by name, creating a welcoming environment for new residents. The median household income is above the national average, showcasing a stable and prosperous community.

When looking at the housing market in Grandfalls, Texas, property prices are relatively affordable compared to nearby cities. The market is stable, making it an attractive location for both first-time homebuyers and real estate investors. DSCR loans can help individuals capitalize on these favorable market conditions, enabling them to grow their real estate portfolios with ease.

Some main attractions in Grandfalls include the stunning Grandfalls, a unique natural wonder where water cascades down a red bluff, creating a mesmerizing sight. The town also offers various outdoor recreational activities like hiking and camping, making it an ideal location for nature enthusiasts and adventurers.

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