DSCR up to 8 units in Throckmorton, TX

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

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

Investment Opportunities in Throckmorton, TX

DSCR Loan Benefits in Throckmorton, Texas

Benefits of DSCR Loan: A Debt-Service Coverage Ratio (DSCR) loan in Throckmorton, Texas, offers advantages such as lower interest rates, longer repayment terms, and improved cash flow for borrowers. These loans are particularly beneficial for real estate investors and commercial property owners.

Demographics: Throckmorton, Texas, is a small, close-knit community with a population of around 800 residents. The town has a rich historical heritage and a strong sense of community pride. The demographics skew towards an older population, with a median age of 45 years.

Housing Market: Throckmorton's housing market is characterized by affordable housing options, including single-family homes and ranch-style properties. The market is stable, with moderate appreciation rates. DSCR loans can provide opportunities for residents to purchase homes or invest in rental properties.

Main Attractions: Despite its small size, Throckmorton offers various attractions such as the Throckmorton County Museum, beautiful parks, and outdoor recreational activities. The town's charming downtown area features local shops and restaurants, adding to its appeal as a quaint Texan destination.

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