DSCR up to 8 units in Bynum, TX

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

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

Investment Opportunities in Bynum, TX

The Benefits of DSCR Loan in Bynum, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for aspiring homeowners in Bynum, Texas. These loans provide financial flexibility by allowing borrowers to secure financing based on the property's income-generating potential rather than personal income alone. This can be particularly beneficial for individuals looking to invest in rental properties or commercial real estate in Bynum.

Demographically, Bynum is a quaint town in Hill County, Texas, with a population of approximately 225 residents. The community boasts a mix of families, young professionals, and retirees. Its small-town charm and tight-knit community make it an ideal place for those seeking a peaceful and welcoming environment to call home.

The housing market in Bynum offers a range of opportunities for homebuyers. With the implementation of DSCR loans, individuals can access financing options that may have previously been out of reach. This has helped stimulate growth in the real estate sector, making homeownership more achievable for a broader range of individuals in Bynum.

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