DSCR up to 8 units in Prairie Hill, TX

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

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

Investment Opportunities in Prairie Hill, TX

DSCR Loan Benefits in Prairie Hill, Texas

DSCR loans have several benefits that make them a popular choice for real estate investors in Prairie Hill, Texas. These loans provide a way to finance properties without relying solely on personal credit, as they are based on the property's income potential. This can be particularly advantageous for those with lower credit scores looking to invest in real estate.

In terms of demographics, Prairie Hill is a small, close-knit community in Texas with a population of around 500 residents. The town has a rural charm and offers a peaceful living environment away from the hustle and bustle of big cities. The residents of Prairie Hill are known for their friendliness and strong community ties.

Regarding the housing market, Prairie Hill offers a mix of affordable and charming properties, making it an attractive location for real estate investment. The market is stable, with steady demand for rental properties, making it a favorable environment for investors seeking to generate rental income.

Main attractions in Prairie Hill include the scenic Prairie Hill Vineyard, where visitors can enjoy wine tastings and tours. The town also boasts beautiful parks and natural landscapes, providing opportunities for outdoor recreation such as hiking and picnicking.

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