DSCR up to 8 units in Itasca, TX

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

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

Investment Opportunities in Itasca, TX

DSCR Loan Benefits in Itasca, Texas

Benefits of DSCR Loan: A Debt Service Coverage Ratio (DSCR) loan in Itasca, Texas, offers competitive interest rates, longer repayment terms, and higher loan amounts. Borrowers benefit from lower monthly payments and improved cash flow, making it easier to manage finances and invest in other areas.

Demographics: Itasca, Texas, has a diverse population with a mix of young professionals, families, and retirees. The town has a strong sense of community and offers a peaceful and safe environment for residents of all ages.

Housing Market: The housing market in Itasca, Texas, is stable with a range of housing options available, including single-family homes, apartments, and townhouses. Home prices are affordable, making it an attractive location for first-time homebuyers and investors.

Main Attractions: Itasca, Texas, boasts charming local attractions such as the Itasca Historical Museum, Serengeti Resort, and the Meridian State Park. Residents and visitors can enjoy outdoor activities, cultural experiences, and a vibrant arts scene.

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