DSCR up to 8 units in Hereford, TX

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

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

Investment Opportunities in Hereford, TX

Exploring the Benefits of DSCR Loans in Hereford, Texas

Debt-Service Coverage Ratio (DSCR) loans are a popular choice in Hereford, Texas, offering numerous benefits to borrowers. These loans provide a reliable source of financing for real estate investments, especially for commercial properties. With a DSCR loan, borrowers can enjoy competitive interest rates, longer loan terms, and higher loan amounts compared to traditional loans.

Hereford, Texas, boasts a diverse demographic profile with a mix of residents from various backgrounds. The city's population is characterized by a vibrant community spirit, with a blend of different cultural influences. The cost of living in Hereford is reasonable, making it an attractive destination for families, professionals, and retirees alike.

The housing market in Hereford, Texas, is dynamic and offers a range of opportunities for both homeowners and investors. The city features a mix of affordable housing options, from single-family homes to apartment complexes. The real estate market has shown steady growth over the years, making it a stable and lucrative environment for property investments.

When it comes to attractions, Hereford, Texas, has plenty to offer. Visitors can explore the historic downtown area, filled with charming shops and restaurants. Outdoor enthusiasts can enjoy the city's parks and recreational facilities, while history buffs can delve into the rich cultural heritage of the region. Overall, Hereford provides a perfect blend of modern amenities and small-town charm.

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