DSCR up to 8 units in Bonham, TX

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

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

Investment Opportunities in Bonham, TX

DSCR Loan Benefits in Bonham, Texas

DSCR loans, also known as Debt-Service Coverage Ratio loans, offer significant benefits to borrowers in Bonham, Texas. These loans help investors by ensuring that the property's income is sufficient to cover the mortgage payments, making them a secure investment option with reduced risk.

Demographically, Bonham, Texas, is a charming city with a population that values community and offers a mix of cultural diversity. The city has a rich history, and its residents take pride in preserving the local heritage.

In terms of the housing market, Bonham offers a diverse range of properties from historic homes to modern developments. The market is stable, with a steady increase in property values, making it an attractive location for real estate investment with the support of DSCR loans.

Some main attractions in Bonham include the Sam Rayburn Library and Museum, Bonham State Park, and the Fannin County Museum of History. These attractions provide residents and visitors with recreational and educational opportunities, enhancing the overall quality of life in the city.

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