DSCR up to 8 units in Blooming Grove, TX

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

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

Investment Opportunities in Blooming Grove, TX

Benefits of DSCR Loan in Blooming Grove, Texas

DSCR loans offer numerous benefits for individuals looking to invest in real estate in Blooming Grove, Texas. One of the primary advantages is the ability to secure financing based on the property's cash flow rather than personal income. This can be particularly beneficial for investors who may not qualify for traditional mortgages.

Demographics-wise, Blooming Grove, Texas, is a charming small town with a population of around 821 residents. The community is tight-knit, offering a strong sense of belonging and a supportive environment for families and individuals alike. The town has a mix of age groups, with a median age of 40 years.

In terms of the housing market, Blooming Grove offers affordable housing options compared to larger cities in Texas. The market is stable, with steady appreciation rates. DSCR loans can help individuals capitalize on these favorable market conditions to invest in rental properties or expand their real estate portfolios.

Some main attractions in Blooming Grove include the historic downtown area, which features quaint shops and local eateries. The town also boasts beautiful parks and outdoor recreational spaces, making it an ideal location for nature lovers and outdoor enthusiasts.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now