DSCR up to 8 units in Abernathy, TX

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

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

Investment Opportunities in Abernathy, TX

Benefits of DSCR Loan in Abernathy, Texas

DSCR (Debt Service Coverage Ratio) loans offer various advantages for individuals looking to invest in Abernathy, Texas. These loans provide a more flexible underwriting process, enabling potential homeowners to qualify even with a lower credit score. Additionally, DSCR loans often have lower interest rates compared to traditional mortgages, saving borrowers money in the long run.

Abernathy, Texas, known for its welcoming community and small-town charm, has a population demographic that primarily consists of families and working professionals. The area boasts a thriving local economy with opportunities in agriculture and education, making it an attractive place for individuals looking to settle down and invest in property.

The housing market in Abernathy is stable and offers a range of options for potential buyers. From quaint single-family homes to spacious ranch-style properties, there is something for everyone in Abernathy. Additionally, the affordability of homes in Abernathy compared to neighboring cities makes it an ideal location for first-time homebuyers and investors.

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