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DSCR loan in Slaton, 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 Slaton, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Slaton, 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 Slaton, TX real estate investors have you covered.
DSCR loans in Slaton, Texas provide numerous benefits to investors and property owners. These loans offer a more flexible approach to financing, especially for income-producing properties. The Debt Service Coverage Ratio (DSCR) ensures that the property's income is sufficient to cover the loan payments, reducing investor risk. Demographics Slaton, Texas, is a charming city with a population of approximately 6,100 residents. The city boasts a diverse community with a mix of families, young professionals, and retirees. The median household income in Slaton is $38,000, making it an affordable place to live and invest in real estate. Housing Market The housing market in Slaton is vibrant, with a mix of historic homes and new construction properties. The median home price in Slaton is around $130,000, making it an attractive option for first-time homebuyers and investors. The market is stable, with a steady increase in property values over the past few years. Main Attractions Slaton, Texas, offers a variety of recreational activities and attractions for residents and visitors. The city is known for its annual Slaton Harvey House Festival, celebrating its rich history and culture. Additionally, the Slaton Museum showcases the city's heritage, while the Slaton Railroad Heritage Association preserves the area's railroad history.
Benefits of DSCR Loan in Slaton, Texas
