DSCR up to 8 units in Redford, TX

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

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

Investment Opportunities in Redford, TX

Benefits of DSCR Loan in Redford, Texas

DSCR (Debt-Service Coverage Ratio) loans offer several advantages to borrowers in Redford, Texas. These loans are ideal for real estate investors looking to finance income-producing properties such as rental units or commercial buildings. One of the key benefits is that DSCR loans do not rely solely on the borrower's credit score, making them accessible to individuals with less-than-perfect credit.

Demographically, Redford, Texas, is a tight-knit community with a population of around 1000 residents. The area is known for its rich cultural heritage, with a significant Hispanic influence. The demographics of Redford reflect a blend of traditional and modern values, creating a unique and vibrant community.

In terms of the housing market, Redford offers diverse options for homebuyers. The market is characterized by a mix of single-family homes, ranch-style properties, and vacant land for development. The housing market in Redford is relatively stable, with moderate price fluctuations and a steady demand for both rental and owner-occupied properties.

Main attractions in Redford include the stunning Big Bend National Park, which offers opportunities for hiking, camping, and wildlife viewing. Additionally, visitors can explore the historic Fort Leaton State Historic Site and immerse themselves in the area's rich history. Redford also hosts various cultural events and festivals throughout the year, showcasing the community's vibrant spirit.

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