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DSCR loan in Pharr, 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 Pharr, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Pharr, 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 Pharr, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer attractive financing options for real estate investors in Pharr, Texas. These loans are based on the property's cash flow rather than the borrower's credit score, making them ideal for those with limited credit history. Demographically, Pharr is a vibrant city in Hidalgo County with a diverse population of approximately 80,000 residents. The city is known for its strong sense of community and welcoming atmosphere, making it an excellent place to invest in real estate. The housing market in Pharr is showing steady growth, with a variety of affordable properties available for investors. The median home price is $125,000, making it an attractive option for first-time homebuyers and real estate developers looking to expand their portfolios. Some of the main attractions in Pharr include the Santa Ana National Wildlife Refuge, a paradise for nature lovers, and the Pharr Events Center, which hosts a range of cultural and entertainment events throughout the year. Additionally, the city's close proximity to the Mexican border offers unique cultural experiences and business opportunities.
Benefits of DSCR Loan in Pharr, Texas
