DSCR up to 8 units in Roby, TX

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

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

Investment Opportunities in Roby, TX

Benefits of DSCR Loan in Roby, Texas

DSCR loans in Roby, Texas offer numerous advantages for aspiring homeowners. One of the key benefits is the debt-service coverage ratio, which helps lenders assess the borrower's ability to repay the loan. This metric provides a more accurate picture of the borrower's financial health compared to traditional loan evaluations.

Demographically, Roby, Texas, is a small yet vibrant community with a population of approximately 600 residents. The town boasts a strong sense of community and a low cost of living, making it an attractive destination for families and individuals looking to settle down in a tight-knit environment.

In terms of the housing market, Roby offers a diverse range of properties, from historic homes with southern charm to modern, newly constructed residences. The real estate market in Roby is stable, with affordable housing options available for first-time buyers as well as luxury properties for those seeking a more upscale lifestyle.

Roby, Texas, is home to several main attractions that showcase the town's rich history and natural beauty. Visitors can explore the Roby Main Street Historic District, which features beautifully preserved architecture and charming local shops. Additionally, outdoor enthusiasts can enjoy activities such as hiking, fishing, and camping in the nearby parks and recreational areas.

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