DSCR up to 8 units in Broaddus, TX

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

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

Investment Opportunities in Broaddus, TX

Benefits of DSCR Loan in Broaddus, Texas

A Debt Service Coverage Ratio (DSCR) loan in Broaddus, Texas, offers several advantages to borrowers. These loans are ideal for real estate investors as they calculate the property's ability to cover the mortgage payments with its income.

The demographics of Broaddus, Texas, reveal a small, close-knit community with a population that cherishes its rural charm. The town has a mix of residents, including families, retirees, and young professionals, creating a diverse and welcoming environment.

In terms of the housing market, Broaddus offers a range of options, from cozy single-family homes to spacious ranch-style properties. The market is stable, with reasonable property values and attractive investment opportunities for those looking to buy or sell in the area.

Broaddus boasts a variety of main attractions, including the scenic Sam Rayburn Reservoir, popular for fishing and water sports. Outdoor enthusiasts can also explore the nearby Angelina National Forest for hiking and camping, making Broaddus an ideal location for nature lovers.

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