DSCR up to 8 units in South Plains, TX

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

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

Investment Opportunities in South Plains, TX

DSCR Loan Benefits in South Plains, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for borrowers in South Plains, Texas. These loans provide a more accurate assessment of a borrower's ability to repay debt, leading to better financial planning and risk management. With competitive interest rates and flexible repayment terms, DSCR loans are ideal for both new homebuyers and real estate investors in the region.

In terms of demographics, South Plains, Texas, is a diverse community with a strong agricultural heritage. The region boasts a vibrant mix of cultures and traditions, making it a welcoming place for residents of all backgrounds. The population is characterized by hardworking individuals who value community, making it an attractive location for families and individuals seeking a close-knit environment.

The housing market in South Plains, Texas, is robust and offers a range of options for potential buyers. With a mix of single-family homes, townhouses, and apartments, there is something to suit every budget and lifestyle. The market is stable, with steady appreciation rates, making it a sound investment for those looking to purchase property in the area.

Main attractions in South Plains, Texas, include scenic parks, historical sites, and cultural landmarks. Visitors and residents alike can enjoy outdoor activities such as hiking and fishing, as well as explore museums and galleries that showcase the region's rich history and artistic heritage. The warm hospitality of the locals adds to the charm of South Plains, making it a delightful place to live or visit.

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