DSCR up to 8 units in Troup, TX

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

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

Investment Opportunities in Troup, TX

Benefits of DSCR loans in Troup, Texas

DSCR loans in Troup, Texas offer numerous benefits to both borrowers and lenders. One of the main advantages is the ability for investors to finance properties without personal income verification, relying solely on the property's income to determine loan eligibility. This can be advantageous for those with multiple investment properties or inconsistent personal income.

Furthermore, DSCR loans typically have lower interest rates compared to traditional loans, making them an attractive option for real estate investors looking to maximize their return on investment. Additionally, these loans often have more flexible terms, allowing borrowers to customize repayment schedules based on the property's cash flow.

Moreover, the process of obtaining a DSCR loan in Troup, Texas is usually faster and more streamlined than traditional mortgage applications. This can be beneficial for investors looking to seize opportunities quickly and efficiently in a competitive real estate market.

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