DSCR up to 8 units in Rotan, TX

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

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

Investment Opportunities in Rotan, TX

Benefits of a DSCR Loan in Rotan, Texas

DSCR (Debt Service Coverage Ratio) loans offer several benefits to borrowers in Rotan, Texas. These loans are ideal for real estate investors and businesses looking to finance income-producing properties. With a DSCR loan, lenders focus on the property's ability to generate income rather than the borrower's credit score, making it a more accessible option for those with less-than-perfect credit.

Demographics: Rotan, Texas, has a population of approximately 1,400 residents. The town is known for its tight-knit community, low cost of living, and family-friendly atmosphere. The majority of residents in Rotan are employed in the agriculture, healthcare, and education sectors.

Housing Market: The housing market in Rotan offers affordable options for both buyers and renters. The median home price in Rotan is below the national average, making it an attractive location for first-time homebuyers and investors. Rental properties in Rotan also provide favorable returns for landlords, with a steady demand for housing in the area.

Main Attractions: Rotan, Texas, boasts several main attractions that draw visitors and residents alike. The town is home to beautiful parks, historical sites, and outdoor recreational areas. The Annual Rotan Rattlesnake Roundup and the West Texas Fair are popular events that showcase the local culture and community spirit.

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