DSCR up to 8 units in Muleshoe, TX

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

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

Investment Opportunities in Muleshoe, TX

DSCR Loan Benefits in Muleshoe, Texas

Benefits of DSCR Loan:

A Debt Service Coverage Ratio (DSCR) loan provides a way for businesses and investors in Muleshoe, Texas, to secure financing based on the property's income potential rather than personal credit score.

These loans offer competitive interest rates, longer repayment terms, and higher loan amounts, making them an attractive option for real estate investments in the area.

By using a DSCR loan, borrowers can enjoy increased cash flow, reduced personal financial risk, and access to funds for property improvements and expansions.

Demographics:

Muleshoe, Texas, has a diverse population with a mix of families, young professionals, and retirees. The majority of residents are employed in agriculture, healthcare, and education sectors.

The town has a strong sense of community, with numerous cultural events, festivals, and recreational activities that bring people together.

With a low cost of living and access to quality schools, Muleshoe is an ideal place for families looking for a safe and welcoming environment.

Housing Market:

The housing market in Muleshoe, Texas, offers a variety of affordable options, including single-family homes, apartments, and ranch-style properties.

With steady demand and moderate appreciation rates, real estate in Muleshoe presents a stable investment opportunity for buyers and sellers alike.

Home prices in the area are competitive, making it an attractive location for first-time homebuyers and individuals looking to upgrade their living space.

Main Attractions:

Muleshoe National Wildlife Refuge is a popular destination for outdoor enthusiasts, offering hiking trails, bird watching, and camping opportunities.

The Muleshoe Heritage Center showcases the town's rich history and cultural heritage through exhibits, workshops, and events.

Visitors can also enjoy local cuisine at family-owned restaurants, explore boutique shops in the downtown area, and attend community gatherings such as farmers' markets and fairs.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now