DSCR up to 8 units in Byers, TX

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

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

Investment Opportunities in Byers, TX

DSCR Loan Benefits in Byers, Texas

Benefits of DSCR Loans: DSCR (Debt Service Coverage Ratio) loans offer competitive interest rates, longer repayment terms, and are ideal for investment properties. Borrowers can qualify based on property income rather than personal income, making them suitable for real estate investors.

Demographics: Byers, Texas, has a population of approximately 500 residents. The town boasts a close-knit community with a mix of families and retirees. The median household income is $50,000, with a cost of living that is lower than the national average.

Housing Market: The housing market in Byers offers a range of affordable options, from cozy single-family homes to spacious ranch-style properties. The average home price is $120,000, making it an attractive location for first-time homebuyers and investors looking for rental properties.

Main Attractions: Byers is known for its serene countryside, perfect for outdoor enthusiasts. Residents enjoy hiking and biking trails, fishing at nearby lakes, and exploring historic landmarks. The town also hosts annual events such as the Byers Rodeo, attracting visitors from neighboring communities.

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