DSCR up to 8 units in Tioga, TX

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

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

Investment Opportunities in Tioga, TX

Benefits of DSCR Loan in Tioga, Texas

DSCR loans in Tioga, Texas offer numerous benefits to potential homebuyers. One of the main advantages is the ability to secure financing based on the property's cash flow rather than personal income. This can be especially beneficial for self-employed individuals or those with non-traditional income sources.

Moreover, DSCR loans often come with competitive interest rates and terms, making them an attractive option for individuals looking to invest in Tioga's real estate market. Additionally, these loans typically require lower down payments, making homeownership more accessible to a wider range of buyers.

When it comes to demographics, Tioga, Texas, is a charming small town with a population of around 1,000 residents. The community is known for its friendly atmosphere and strong sense of community, making it an ideal place to raise a family or retire.

In terms of the housing market, Tioga offers a variety of properties, including single-family homes, ranch-style houses, and spacious plots of land for those looking to build their dream home. The market is relatively stable, with moderate appreciation rates, making it a great long-term investment option.

Some of the main attractions in Tioga include the historic downtown area, where you can find quaint shops and local restaurants. Outdoor enthusiasts will appreciate the proximity to Lake Ray Roberts State Park, which offers hiking, fishing, and camping opportunities.

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