DSCR up to 8 units in Brookeland, TX

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

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

Investment Opportunities in Brookeland, TX

Benefits of DSCR Loan in Brookeland, Texas

DSCR loans in Brookeland, Texas offer borrowers numerous benefits. These loans have a debt service coverage ratio that provides additional security to lenders, making them more accessible even to those with less-than-perfect credit. Additionally, DSCR loans typically have lower interest rates, resulting in lower monthly payments for borrowers. This type of loan is particularly advantageous for real estate investors looking to finance rental properties, as the rental income can help meet the debt service requirements.

Brookeland, Texas, a small and charming town, has a population that is predominantly middle-class, with a mix of families and retirees. The community prides itself on its friendly atmosphere and strong sense of community spirit. As a part of Jasper County, Brookeland benefits from the county's good schools and healthcare facilities, making it an attractive place to live for families.

The housing market in Brookeland, Texas, is relatively stable, with a mix of single-family homes, townhouses, and vacant land available. The median home price is affordable compared to larger cities in Texas, making it an ideal location for first-time homebuyers or those looking to invest in rental properties. The market is showing steady growth, presenting opportunities for both buyers and sellers.

Some main attractions in Brookeland include the stunning Lake Sam Rayburn, which offers opportunities for fishing, boating, and other water activities. The nearby Angelina National Forest provides hiking and camping options for outdoor enthusiasts. Additionally, the town hosts local events and festivals that showcase its rich culture and heritage.

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