DSCR up to 8 units in Sullivan City, TX

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

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

Investment Opportunities in Sullivan City, TX

Benefits of DSCR Loan in Sullivan City, Texas

DSCR (Debt Service Coverage Ratio) loans in Sullivan City, Texas offer numerous advantages to borrowers. One of the key benefits is that they allow for higher loan amounts compared to traditional mortgages, making them ideal for commercial projects or real estate investments.

Another advantage of DSCR loans is that they focus on the property's income potential rather than the borrower's credit score, making them accessible to a wider range of investors. Additionally, these loans often come with competitive interest rates and flexible repayment terms, providing financial flexibility to borrowers.

Furthermore, DSCR loans can help investors in Sullivan City tap into the thriving local housing market. The city boasts a diverse demographic mix, with a growing population of young professionals and families attracted to the area's affordable housing options and strong community spirit.

In terms of the housing market, Sullivan City offers a range of housing options, from modern apartments to spacious single-family homes, catering to various needs and preferences. The real estate market in Sullivan City is dynamic, with steady appreciation rates, making it an attractive location for both investors and homebuyers.

Moreover, Sullivan City is home to a number of main attractions, including the scenic Rio Grande River, which offers opportunities for outdoor recreation such as fishing and boating. The city also hosts vibrant cultural events and festivals that showcase its rich heritage and diverse community.

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