DSCR up to 8 units in Clarksville, TX

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

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

Investment Opportunities in Clarksville, TX

Benefits of DSCR Loan in Clarksville, Texas

A Debt Service Coverage Ratio (DSCR) loan in Clarksville, Texas offers numerous benefits to borrowers. One of the key advantages is that it allows investors to secure financing based on the property's income rather than the borrower's credit score. This can be particularly beneficial for real estate investors who may have difficulty obtaining traditional loans.

Demographically, Clarksville, Texas, is a small yet vibrant town with a population of around 3,000 residents. The community is known for its friendly atmosphere and close-knit feel. The town has a diverse population, with a mix of age groups and backgrounds, making it a welcoming place for individuals and families alike.

In terms of the housing market, Clarksville offers a range of affordable options for both renters and buyers. The median home price in the area is below the national average, making it an attractive location for those looking to invest in real estate. The market is stable, with steady growth in property values over the past few years.

Main attractions in Clarksville include the scenic Red River, which offers opportunities for fishing and boating. The town also boasts a number of historic sites, including the Clarksville Historical Society Museum and the Red River County Courthouse. Additionally, residents and visitors can enjoy outdoor activities at the Cooper Lake State Park, which is located just a short drive away.

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