Get Approved at The Lowest Rate
DSCR loan in Waco, 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 Waco, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Waco, 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 Waco, TX real estate investors have you covered.
DSCR loans offer a variety of benefits to borrowers in Waco, Texas. One of the main advantages is the ability to secure financing based on the property's income potential rather than personal income. This makes it easier for investors to qualify for loans and acquire properties. Demographically, Waco is a vibrant city with a population of over 139,000 residents. The city has a diverse community with a median age of 29 years, making it a dynamic and youthful place to live and invest. The cost of living is also relatively low compared to other major cities in Texas. The housing market in Waco is thriving, offering diverse options for both buyers and investors. The median home price in Waco is around $200,000, making it an affordable market for first-time buyers and seasoned investors alike. With a steady appreciation rate, investing in real estate in Waco can be a lucrative opportunity. Waco boasts a range of attractions, including the iconic Magnolia Market at the Silos, the Dr. Pepper Museum, and the Cameron Park Zoo. The city's rich history, vibrant arts scene, and proximity to outdoor recreational areas like Lake Waco make it a desirable destination for tourists and residents alike.
Benefits of DSCR Loan in Waco, Texas