DSCR up to 8 units in Pep, TX

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

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

Investment Opportunities in Pep, TX

DSCR Loan Benefits in Pep, Texas

DSCR (Debt Service Coverage Ratio) loans in Pep, Texas offer a range of benefits to borrowers. These loans are ideal for real estate investors as they provide a financial buffer by ensuring that the property's income covers the loan payments. This reduces the risk for lenders and can result in lower interest rates and higher loan approval rates.

Pep, Texas, with a population of approximately 815 residents, boasts a diverse community that is welcoming to new residents and businesses. The town's demographics include a mix of ages and backgrounds, creating a unique and vibrant atmosphere for all who call it home.

The housing market in Pep, Texas, is characterized by affordable prices and a variety of housing options. Whether you are looking for a cozy single-family home or a spacious ranch-style property, Pep has something for everyone. The market is stable, making it an attractive location for both first-time homebuyers and seasoned investors.

Some main attractions in Pep, Texas, include the beautiful Pep City Park, which offers green spaces for outdoor activities and family gatherings. The town also hosts local events and festivals throughout the year, providing residents with opportunities to come together and build a sense of community.

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