DSCR up to 8 units in Springtown, TX

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

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

Investment Opportunities in Springtown, TX

Benefits of a DSCR Loan in Springtown, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to prospective homebuyers in Springtown, Texas. These loans provide a more flexible and inclusive financing option compared to traditional mortgages. With a DSCR loan, borrowers can qualify based on the rental income potential of the property, making it an attractive choice for investors or individuals with non-traditional income sources.

Demographics in Springtown reveal a thriving community with a population that values small-town charm and a close-knit atmosphere. The town has a diverse demographic mix, with a median age of around 35 years old. Families make up a significant portion of the population, drawn to the area for its excellent schools and family-friendly amenities.

The housing market in Springtown, Texas, offers a range of options for potential buyers. From spacious single-family homes to cozy townhouses, there is something for everyone in this vibrant market. With affordable prices compared to neighboring cities, Springtown presents an excellent opportunity for first-time homebuyers and investors alike.

Aside from its appealing real estate opportunities, Springtown boasts a variety of main attractions that draw both locals and visitors. The historic downtown area is home to charming shops and restaurants, while outdoor enthusiasts can explore the nearby parks and recreational facilities. Additionally, annual events and festivals offer a sense of community and entertainment for residents of all ages.

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