DSCR up to 8 units in Morton, TX

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

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

Investment Opportunities in Morton, TX

DSCR Loan Benefits in Morton, Texas

Benefits of DSCR Loan:

A Debt-Service Coverage Ratio (DSCR) loan in Morton, Texas, offers financial flexibility by assessing the property's ability to generate enough income to cover the loan payments, making it a safer option for lenders.

Demographics:

Morton, Texas, has a diverse population with a mix of young professionals, families, and retirees. The town is known for its strong sense of community and friendly atmosphere, making it an ideal place to settle down.

Housing Market:

The housing market in Morton, Texas, is stable with a range of affordable options for homebuyers. With the help of DSCR loans, potential homeowners can access financing that suits their income levels, boosting the real estate market in the area.

Main Attractions:

Some main attractions in Morton, Texas, include the beautiful parks, historic downtown area, and local shops and restaurants. Residents can enjoy a relaxed lifestyle while having access to essential amenities and recreational facilities.

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