DSCR up to 8 units in Clarendon, TX

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

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

Investment Opportunities in Clarendon, TX

Exploring the Benefits of DSCR Loan in Clarendon, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Clarendon, Texas offers numerous benefits for both investors and borrowers. It provides financial stability by ensuring that the property's income is sufficient to cover its operating expenses and debt obligations, reducing the risk of default.

Clarendon, Texas, with a population of approximately 2,000 residents, boasts a diverse community. The town has a rich history, with many historical sites and a welcoming atmosphere. Its demographics showcase a blend of cultures and backgrounds, fostering a sense of unity among its residents.

The housing market in Clarendon is on the rise, offering affordable options for both buyers and renters. The town features a mix of historic homes and modern developments, catering to various preferences. Real estate investments in Clarendon are promising, providing potential for long-term growth and stability.

Some of the main attractions in Clarendon include the Saints' Roost Museum, featuring exhibits on local history, and Greenbelt Reservoir, offering recreational activities such as fishing and camping. The town's charming downtown area is home to quaint shops and restaurants, adding to its appeal as a vibrant community.

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