DSCR up to 8 units in Ore City, TX

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

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

Investment Opportunities in Ore City, TX

Benefits of DSCR Loan in Ore City, Texas

DSCR (Debt Service Coverage Ratio) loans provide numerous advantages for individuals in Ore City, Texas. These loans offer competitive interest rates, flexible repayment terms, and are ideal for real estate investors seeking financing for income-generating properties such as rental units or commercial buildings.

Demographics: Ore City, Texas, has a population of approximately XXXX residents. The town boasts a diverse community with a mix of young professionals, families, and retirees. The cost of living is moderate, making it an attractive location for individuals looking to settle in a peaceful, close-knit community.

Housing Market: The housing market in Ore City is stable, with a variety of housing options available to suit different preferences and budgets. Whether you are looking for a cozy single-family home or a spacious apartment, Ore City offers a range of choices. Additionally, the real estate market has shown consistent growth over the past few years, making it a sound investment opportunity.

Main Attractions: Ore City is known for its picturesque natural beauty, with scenic parks and outdoor recreational areas. The town also features charming local shops, delicious dining options, and a vibrant arts and culture scene. Residents can enjoy a mix of small-town charm and modern conveniences in Ore City, making it a wonderful place to call home.

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