DSCR up to 8 units in Waring, TX

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

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

Investment Opportunities in Waring, TX

Benefits of DSCR Loan in Waring, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages to borrowers in Waring, Texas. This type of loan is attractive to investors as it provides a consistent income stream, a hedge against inflation, and potential tax benefits. With the presence of a strong rental market in Waring, DSCR loans can be a lucrative investment option, ensuring a steady cash flow and long-term financial stability.

Waring, Texas, with a population of approximately 1000 residents, boasts a diverse demographic mix. The town has a strong sense of community and a low crime rate, making it an attractive place to live for families and retirees alike. The cost of living is moderate, and the town offers a range of amenities and services to its residents.

The housing market in Waring, Texas, is stable and growing steadily. With a median home value below the national average, the town presents affordable housing options for both buyers and renters. The real estate market is competitive, with a mix of historic homes and new constructions, catering to various preferences and budgets.

Waring, Texas, offers a range of attractions for residents and visitors. From the scenic Hill Country views to local parks and hiking trails, the town provides ample opportunities for outdoor recreation. Additionally, Waring is known for its quaint shops, restaurants, and annual events, creating a vibrant and charming atmosphere for all who live here.

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