DSCR up to 8 units in Barker, TX

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

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

Investment Opportunities in Barker, TX

Benefits of DSCR Loan in Barker, Texas

In Barker, Texas, a Debt-Service Coverage Ratio (DSCR) loan offers significant benefits to borrowers. This type of loan is ideal for real estate investors as it evaluates the property's income potential rather than the borrower's credit score, making it easier to secure funding for investment properties.

Demographically, Barker is a diverse and thriving community with a growing population of both young professionals and families. The area boasts a strong economy with a focus on industries such as technology, healthcare, and energy, providing a stable and prosperous environment for residents.

Regarding the housing market, Barker offers a range of housing options from modern condominiums to spacious single-family homes. The market is competitive yet affordable compared to neighboring areas, making it an attractive location for both first-time homebuyers and seasoned investors looking to expand their real estate portfolio.

Some of the main attractions in Barker include beautiful parks, shopping centers, and top-rated restaurants. The community takes pride in its recreational facilities and family-friendly environment, making it an ideal place to live, work, and play.

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