DSCR up to 8 units in Savoy, TX

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

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

Investment Opportunities in Savoy, TX

Benefits of DSCR Loan in Savoy, Texas

DSCR loans offer numerous benefits to residents in Savoy, Texas. These loans are specifically designed for real estate investors and property owners. They provide a way to finance properties while considering the property's income potential rather than the borrower's credit score.

Savoy, Texas, a small town with a population of around 800 residents, offers a peaceful and close-knit community. The town has a rich history and is known for its friendly atmosphere. With a median household income above the state average, Savoy is an attractive place for real estate investments.

The housing market in Savoy is stable and offers various opportunities for investors. With affordable property prices compared to nearby cities, investors can find profitable deals in both residential and commercial real estate sectors. The demand for rental properties is also high, making it a lucrative market for landlords.

Some of the main attractions in Savoy include the historic Savoy Opera House, the picturesque Johnson Park, and the charming downtown area with local shops and restaurants. Outdoor enthusiasts can enjoy activities such as hiking, fishing, and camping in the surrounding natural areas.

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