DSCR up to 8 units in Troy, TX

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

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

Investment Opportunities in Troy, TX

Benefits of DSCR Loans in Troy, Texas

DSCR (Debt Service Coverage Ratio) loans in Troy, Texas offer numerous benefits for borrowers. These loans are ideal for real estate investors looking to finance income-producing properties. The key advantage of DSCR loans is that the property’s income, rather than the borrower's credit score, is the primary consideration for loan approval. This makes it easier for investors to secure financing even if they have a lower credit score.

Demographics

Troy, Texas, is a charming small town with a population of around 2,000 residents. The community in Troy is tight-knit, offering a friendly and welcoming atmosphere for both residents and visitors. The town has a mix of families, young professionals, and retirees, creating a diverse and dynamic population.

Housing Market

The housing market in Troy, Texas, is currently thriving, with a variety of properties available for purchase. The median home price in Troy is affordable, making it an attractive option for first-time homebuyers and real estate investors. The demand for rental properties is also high, providing investors with excellent opportunities for rental income.

Main Attractions

Despite its small size, Troy offers a range of attractions for residents and visitors. The town is known for its beautiful parks and outdoor recreational areas, making it a great place for nature lovers. Additionally, Troy is located near major cities like Austin and Waco, providing easy access to urban amenities while still enjoying the peaceful small-town lifestyle.

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