DSCR up to 8 units in Newcastle, TX

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

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

Investment Opportunities in Newcastle, TX

Benefits of DSCR Loan in Newcastle, Texas

DSCR (Debt Service Coverage Ratio) loans provide borrowers in Newcastle, Texas, with a reliable financing option to purchase or refinance properties. These loans are especially beneficial for investors and commercial real estate owners as they consider the property's income potential more than the borrower's credit score.

Demographics of Newcastle, Texas

Newcastle, Texas, is a small town with a population of around 600 residents. The town has a close-knit community and a low crime rate, making it an ideal place for families and retirees looking for a peaceful environment.

Housing Market in Newcastle, Texas

The housing market in Newcastle offers a mix of affordable single-family homes and spacious ranch-style properties. With the help of DSCR loans, investors can take advantage of the growing demand for rental properties and commercial spaces in the area.

Main Attractions in Newcastle, Texas

While Newcastle is known for its quiet charm, the town also boasts outdoor recreational activities such as hiking trails, fishing spots, and nearby parks. The historic downtown area showcases local shops and cafes, adding to the town's unique appeal.

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