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DSCR loan in Lubbock, 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 Lubbock, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Lubbock, 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 Lubbock, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer several benefits in Lubbock, Texas. These loans are ideal for real estate investors as they consider the property's income rather than the borrower's credit score, allowing for greater borrowing capacity and flexibility in financing options. Demographics in Lubbock, Texas, show a population of around 255,885 people. The city has a diverse community with a median age of 29.8, making it a vibrant and youthful place to live and invest in real estate. The cost of living in Lubbock is lower than the national average, making it an attractive location for both residents and investors. The housing market in Lubbock is thriving, with a median home price of $173,700. The market is stable and offers a variety of properties ranging from single-family homes to multi-unit buildings, catering to different investment strategies. With the city's growing economy and job market, investing in real estate in Lubbock can provide long-term financial benefits. Lubbock, Texas, is known for its rich cultural heritage and attractions. Visitors and residents can explore the Buddy Holly Center, the Silent Wings Museum, and the beautiful Texas Tech University campus. The city also offers a vibrant local food scene and numerous outdoor recreational activities, making it a desirable place to live and invest in real estate.
Benefits of DSCR Loan in Lubbock, Texas
