DSCR up to 8 units in Tornillo, TX

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

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

Investment Opportunities in Tornillo, TX

Benefits of DSCR Loan in Tornillo, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages for borrowers in Tornillo, Texas. These loans provide a more flexible approach to financing, with lower down payment requirements and longer repayment terms compared to traditional mortgages.

Demographics: Tornillo, a charming town in El Paso County, Texas, has a diverse population with a rich cultural heritage. The community is known for its friendly residents and strong sense of community, making it an ideal place to settle down and raise a family.

Housing Market: Tornillo's housing market is vibrant, offering a mix of affordable and luxurious homes to cater to various needs. The area has seen steady appreciation in property values, making it an attractive investment opportunity for buyers looking to secure their financial future.

Main Attractions: Some popular attractions in Tornillo include the Tornillo Land Port of Entry, providing easy access to international trade, and the Tornillo Guadalupe Mountains, offering breathtaking views and ample opportunities for outdoor recreation.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now