DSCR up to 8 units in Rowena, TX

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

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

Investment Opportunities in Rowena, TX

Benefits of DSCR Loan in Rowena, Texas

DSCR loans in Rowena, Texas provide numerous benefits for individuals and businesses seeking to invest in real estate. One of the key advantages is the focus on the property's income potential rather than the borrower's credit score, making it easier for investors to secure financing.

Demographically, Rowena boasts a close-knit community with a population of around 483 residents. The town has a rich history dating back to the late 1800s and offers a peaceful setting for those looking to escape the hustle and bustle of city life.

In terms of the housing market, Rowena offers a mix of historic homes and modern properties, catering to a range of preferences. The median home value in Rowena is $145,000, making it an affordable option for first-time buyers and seasoned investors alike.

Some of the main attractions in Rowena include the historic St. Joseph's Catholic Church, known for its stunning architecture, and the scenic Concho River, which provides opportunities for fishing and outdoor recreation. Additionally, the town hosts community events throughout the year, fostering a strong sense of belonging among residents.

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