DSCR up to 8 units in Richmond, TX

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

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

Investment Opportunities in Richmond, TX

Benefits of DSCR Loan in Richmond, Texas

DSCR loans in Richmond, Texas offer numerous benefits to borrowers. One of the key advantages is the emphasis on the property's income potential rather than the borrower's credit score. This makes it an attractive option for real estate investors looking to finance income-generating properties.

Demographically, Richmond is a diverse and growing city located in Fort Bend County, Texas. With a mix of urban and suburban areas, the population is a dynamic blend of different cultures and backgrounds. The city's strategic location near Houston also makes it a desirable place for both businesses and residents.

Richmond's housing market is flourishing, with a range of residential options available to buyers. Whether you are looking for a historic home in the downtown area or a modern property in a newly developed community, Richmond has something for everyone. The market's stability and steady appreciation make it an attractive choice for both homebuyers and investors.

Some of the main attractions in Richmond include the George Ranch Historical Park, a living history museum that offers a glimpse into the region's rich cowboy and ranching heritage. Additionally, residents and visitors alike can enjoy the charming and historic downtown area, which features an array of shops, restaurants, and cultural landmarks.

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