Get Approved at The Lowest Rate
DSCR loan in Midland, 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 Midland, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Midland, 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 Midland, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Midland, Texas. These loans provide more flexibility in terms of income documentation, making it easier for self-employed individuals or those with non-traditional income sources to qualify. In terms of demographics, Midland is a vibrant city in West Texas with a population that has been steadily growing due to its rich oil industry and economic opportunities. The city boasts a diverse community with a blend of different cultures, making it an attractive place to live and work. When it comes to the housing market, Midland has seen a surge in demand for housing, leading to a competitive market with increasing property values. DSCR loans can be particularly beneficial in such a market as they allow borrowers to finance investment properties with potential for high returns. Some main attractions in Midland include the Permian Basin Petroleum Museum, the George W. Bush Childhood Home, and the vibrant arts scene that includes galleries, theaters, and music venues, offering residents and visitors a range of cultural experiences to enjoy.
Benefits of DSCR Loan in Midland, Texas
