DSCR up to 8 units in Rankin, TX

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

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

Investment Opportunities in Rankin, TX

Benefits of a DSCR Loan in Rankin, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Rankin, Texas comes with several benefits. It allows borrowers to finance properties with stable cash flow and helps ensure they have enough income to cover mortgage payments.

Demographics in Rankin, Texas show a tight-knit community with a population of around 800 residents. The area boasts a diverse population with a mix of ages, creating a vibrant and welcoming atmosphere for residents and visitors alike.

The housing market in Rankin, Texas is currently vibrant, with a good balance of supply and demand. The median home price is affordable, making it an attractive option for first-time buyers and investors looking to expand their portfolio.

Main attractions in Rankin, Texas include the historic Rankin Museum, offering a glimpse into the town's rich history, and Rankin Lake, a popular spot for fishing and recreational activities. The town's charming downtown area also features local shops and dining options for residents and tourists to enjoy.

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