DSCR up to 8 units in Roscoe, TX

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

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

Investment Opportunities in Roscoe, TX

Benefits of DSCR Loan in Roscoe, Texas

A Debt Service Coverage Ratio (DSCR) loan in Roscoe, Texas comes with numerous benefits. One of the main advantages is that it helps real estate investors qualify for larger loans by considering the property's income potential rather than the individual's credit score. This can be particularly beneficial for those looking to invest in rental properties in the area.

Demographically, Roscoe, Texas has a population of around 1,300 residents. The town is known for its tight-knit community and friendly atmosphere. The majority of the population is made up of families and retirees, creating a peaceful and welcoming environment for residents.

In terms of the housing market, Roscoe offers a variety of affordable housing options, from charming historic homes to modern developments. The market is stable, with moderate appreciation rates, making it an attractive location for both first-time homebuyers and real estate investors looking for rental properties with good potential for cash flow.

Some of the main attractions in Roscoe include the iconic Roscoe Wind Farm, which is one of the largest in the world and showcases the town's commitment to sustainable energy. Additionally, visitors can enjoy the annual Plowboy Mud Bog, a popular event that draws crowds from all over the state.

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