DSCR up to 8 units in Bardwell, TX

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

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

Investment Opportunities in Bardwell, TX

DSCR Loans Benefits in Bardwell, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for borrowers in Bardwell, Texas. These loans provide a more secure financing option as they consider the property's ability to generate income to cover the debt service. This helps borrowers qualify for larger loans and lower interest rates compared to traditional mortgages.

Demographically, Bardwell is a charming small town located in Ellis County, Texas. With a population of around 700 residents, Bardwell offers a tight-knit community feel. The town has a mix of families and retirees, creating a diverse and welcoming atmosphere for residents.

In terms of the housing market, Bardwell provides affordable options for both homebuyers and investors. The market is stable with steady property appreciation rates. DSCR loans can be particularly advantageous in this market as they offer flexibility and competitive terms, making them ideal for those looking to invest in rental properties or commercial real estate.

Some of the main attractions in Bardwell include its historic downtown area, which features quaint shops and local eateries. The town is also known for its outdoor recreational opportunities, with access to parks and lakes for fishing, hiking, and camping. Bardwell offers a peaceful retreat from city life while still being within convenient proximity to urban centers.

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