DSCR up to 8 units in Bloomington, TX

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

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

Investment Opportunities in Bloomington, TX

DSCR Loan Benefits in Bloomington, Texas

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for prospective buyers in Bloomington, Texas. One of the primary advantages is that these loans typically have lower interest rates, making them more affordable for borrowers. Additionally, DSCR loans often come with flexible repayment terms, allowing buyers to tailor the loan to their financial situation.

In terms of demographics, Bloomington, Texas, is a diverse community with a mix of residents from various ethnic backgrounds. The population is known for its friendly and welcoming atmosphere, making it a great place to raise a family or retire. The town has a strong sense of community, with many local events and activities for residents to enjoy.

The housing market in Bloomington offers a range of options for buyers, from affordable starter homes to luxury properties. The market is currently stable, with steady appreciation rates and a good balance between supply and demand. Whether you are looking for a traditional single-family home or a more modern condo, Bloomington has something for everyone.

Some of the main attractions in Bloomington include the beautiful Bluebonnet Trail, which offers stunning views of the local flora and fauna. The town also has a lively downtown area with shops, restaurants, and cafes. For outdoor enthusiasts, there are several parks and recreational areas where residents can enjoy hiking, biking, and picnicking.

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