DSCR up to 8 units in Wickett, TX

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

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

Investment Opportunities in Wickett, TX

Benefits of DSCR Loan in Wickett, Texas

DSCR (Debt Service Coverage Ratio) loans offer several benefits for potential homebuyers in Wickett, Texas. These loans provide a clear assessment of the borrower's ability to cover the mortgage payments, ensuring financial stability and reducing the risk of default.

Demographically, Wickett is a small town located in West Texas with a population of approximately 450 residents. The community is close-knit, offering a sense of belonging and a peaceful environment for families and individuals looking to settle down.

The housing market in Wickett is known for its affordability and variety. With a range of options from quaint historic homes to modern developments, homebuyers can find properties that meet their preferences and budget. DSCR loans make homeownership more accessible and realistic for residents of Wickett.

Some main attractions in Wickett include the picturesque Wickett Park, ideal for outdoor activities and family gatherings. Additionally, the town hosts annual events like the Wickett Rodeo, showcasing the vibrant community spirit and providing entertainment for all ages.

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