DSCR up to 8 units in Brownfield, TX

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

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

Investment Opportunities in Brownfield, TX

Benefits of DSCR Loan in Brownfield, Texas

DSCR (Debt Service Coverage Ratio) loans in Brownfield, Texas offer various advantages for property investors. One of the primary benefits is the ability to secure financing based on the property's income potential rather than personal income, making it an attractive option for investors with multiple properties.

Demographically, Brownfield is a diverse community with a population of around 9,000 residents. The town has a mix of cultures, making it a vibrant and welcoming place to live and invest in property. The median household income in Brownfield is above the national average, indicating a stable economic environment.

In terms of the housing market, Brownfield offers affordable real estate prices compared to larger cities in Texas. This presents a great opportunity for property investors to purchase homes at a lower cost and potentially earn a higher return on investment. The market is relatively stable, making it a favorable location for long-term property investment.

Main attractions in Brownfield include the historic Terry County Courthouse, which showcases beautiful architecture and rich history. The city also hosts various annual events like the Terry County Livestock Show and Rodeo, providing entertainment and cultural experiences for residents and visitors alike.

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