DSCR up to 8 units in Rainbow, TX

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

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

Investment Opportunities in Rainbow, TX

Benefits of DSCR Loan in Rainbow, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to real estate investors in Rainbow, Texas. These loans provide greater flexibility in terms of qualification criteria, allowing investors to leverage the potential of their properties without solely relying on personal income.

Demographically, Rainbow, Texas, is a charming small town with a population that values community living. The residents are known for their friendly nature and strong sense of belonging. The town boasts a diverse population, with a mix of young families, professionals, and retirees.

The housing market in Rainbow, Texas, is stable and offers attractive investment opportunities. The area has experienced steady appreciation in property values, making it an appealing location for real estate investors. DSCR loans can help investors capitalize on these market conditions with favorable terms and interest rates.

Rainbow, Texas, is home to several main attractions, including picturesque parks, hiking trails, and local eateries. The town's serene environment and close-knit community make it an ideal place for nature lovers and those seeking a peaceful retreat.

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