DSCR up to 8 units in Scroggins, TX

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

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

Investment Opportunities in Scroggins, TX

Benefits of DSCR Loan in Scroggins, Texas

DSCR loans, or Debt Service Coverage Ratio loans, offer borrowers in Scroggins, Texas several advantages. These loans provide a consistent source of funding for real estate investments, allowing borrowers to finance properties without relying solely on personal credit. Additionally, DSCR loans typically have lower interest rates and longer repayment terms compared to traditional loans, making them a cost-effective option for investors.

Scroggins, Texas, located in Franklin County, has a population predominantly consisting of middle-aged individuals and families. The area enjoys a peaceful rural setting with access to outdoor recreational activities such as fishing, boating, and hiking. The community is close-knit, and residents often participate in local events and festivals, creating a strong sense of belonging.

The housing market in Scroggins offers a mix of properties, including single-family homes, lakefront cottages, and vacation rentals. The real estate market is relatively stable, with moderate home prices and a steady demand for properties. Recent developments have focused on improving infrastructure and amenities, attracting potential buyers looking for a tranquil lifestyle in a scenic environment.

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