DSCR up to 8 units in Wheelock, TX

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

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

Investment Opportunities in Wheelock, TX

Benefits of DSCR Loan in Wheelock, Texas

DSCR loans offer numerous benefits, including lower risk for lenders due to the property's income potential being the main qualifying factor, making it easier for investors to secure financing.

Wheelock, Texas, has a diverse demographic makeup with a mix of age groups and backgrounds, creating a vibrant community that offers opportunities for social interactions and cultural exchanges.

The housing market in Wheelock is currently stable, with a steady increase in property values over the past few years, making it an attractive location for real estate investments and homeowners looking for long-term growth potential.

Main attractions in Wheelock include its historic downtown area with charming shops and restaurants, as well as outdoor recreational activities such as hiking, fishing, and camping in the surrounding natural landscapes, providing residents and visitors with a balanced lifestyle.

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