Get Approved at The Lowest Rate
DSCR loan in Bridgeport, 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 Bridgeport, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Bridgeport, 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 Bridgeport, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans are popular among investors in Bridgeport, Texas due to their flexibility and low interest rates. These loans help investors secure financing for rental properties without relying solely on personal income, making them ideal for real estate investment ventures. Bridgeport, Texas, with a population of approximately 6,500, offers a small-town feel with access to urban amenities. The median household income is $60,458, and the median home value is $148,082, making it an attractive market for real estate investments. The housing market in Bridgeport is stable, with a steady increase in property values over the past few years. The average rent for a 2-bedroom apartment is $1,100 per month, creating opportunities for rental property investors to generate consistent cash flow and build equity. Some main attractions in Bridgeport include Lake Bridgeport, a popular spot for fishing and water sports, and the Bridgeport Heritage Museum, which offers a glimpse into the town's history. The community also hosts events like the Butterfield Stage Days festival, showcasing local culture and heritage.
Benefits of DSCR Loan in Bridgeport, Texas
