DSCR up to 8 units in Waskom, TX

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

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

Investment Opportunities in Waskom, TX

Benefits of DSCR Loan in Waskom, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Waskom, Texas offers several advantages to borrowers. This type of loan is particularly beneficial for real estate investors as it considers the property's income-generating potential rather than the borrower's personal income.

Demographics of Waskom, Texas reveal a small but growing community with a population of around 2,000 residents. The town has a suburban feel, with a mix of homeowners and renters. The median household income is in line with the state average, making it an attractive location for investment.

The housing market in Waskom, Texas is relatively stable, with a range of properties available catering to different budget levels. The median home value is below the national average, making homeownership more affordable. With the influx of new residents, real estate demand is on the rise.

Some of the main attractions in Waskom, Texas include picturesque parks, such as Waskom City Park, offering recreational activities for families. The town also boasts a rich history, evident in landmarks like the Texas & Pacific Railway Depot Museum, attracting both locals and tourists.

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