DSCR up to 8 units in Prosper, TX

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

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

Investment Opportunities in Prosper, TX

Benefits of a DSCR Loan in Prosper, Texas

DSCR loans in Prosper, Texas offer several benefits for aspiring homeowners. These loans are ideal for real estate investors or individuals looking to purchase rental properties. One of the key advantages is the flexibility they provide in terms of debt-to-income ratio requirements.

Demographically, Prosper, Texas, is a vibrant community with a growing population. The town boasts a relatively affluent population with a strong emphasis on education. The median household income is above the national average, making it an attractive location for those seeking a higher standard of living.

The housing market in Prosper is competitive, with a steady increase in property values. The town offers a mix of housing options, ranging from single-family homes to luxury estates. The demand for housing remains high, making it a sellers' market in many neighborhoods.

Some main attractions in Prosper include beautiful parks, golf courses, and a thriving local dining scene. The town's proximity to Dallas-Fort Worth also provides residents with access to a wide range of cultural and entertainment opportunities.

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