DSCR up to 8 units in Tuscola, TX

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

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

Investment Opportunities in Tuscola, TX

Benefits of DSCR Loan in Tuscola, Texas

DSCR (Debt-Service Coverage Ratio) loans offer several benefits to borrowers in Tuscola, Texas. These loans provide flexibility in terms of repayment, lower interest rates compared to traditional loans, and are suitable for investment properties.

Demographics

Tuscola, Texas, has a population of around 800 residents with a median age of 39. The majority of the population is employed in the agriculture and retail sectors with a median household income above the state average.

Housing Market

The housing market in Tuscola is stable with a median home value of $200,000. The market is ideal for both buyers and sellers, offering a variety of property types to suit different preferences and budgets.

Main Attractions

Popular attractions in Tuscola include the picturesque Jim Ned Creek, ideal for outdoor activities such as fishing and hiking. Additionally, the town hosts community events like the Annual Fall Festival, showcasing local talent and produce.

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