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DSCR loan in Hico, 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 Hico, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Hico, 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 Hico, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer several benefits for individuals in Hico, Texas. These loans provide financial flexibility by allowing borrowers to use rental income to qualify, making them ideal for real estate investors. Demographics: Hico, Texas, is a small town with a population of approximately 1,200 people. The community is close-knit, and the cost of living is relatively low compared to larger cities, making it an attractive location for families and retirees. Housing Market: The housing market in Hico offers a mix of historic homes and newer construction properties. With the median home price below the national average, Hico presents affordable housing options for first-time buyers and investors alike. Main Attractions: Hico is known for its charming downtown area filled with local shops, restaurants, and art galleries. Additionally, the Billy the Kid Museum and the Hico City Park are popular attractions that draw visitors from across the state.
Benefits of DSCR Loan in Hico, Texas