DSCR up to 8 units in Danbury, TX

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

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

Investment Opportunities in Danbury, TX

The Benefits of a DSCR Loan in Danbury, Texas

A Debt Service Coverage Ratio (DSCR) loan in Danbury, Texas offers numerous benefits to borrowers. One of the main advantages is the flexibility it provides in terms of repayment, making it easier for individuals and businesses to manage their finances effectively.

Additionally, DSCR loans typically have lower interest rates compared to traditional loans, resulting in cost savings for borrowers over the life of the loan. This can make it a more attractive option for those looking to finance a property or investment in Danbury.

Moreover, DSCR loans are secured against the property being financed, reducing the risk for lenders and potentially allowing borrowers to qualify for larger loan amounts. This can be particularly beneficial for individuals or businesses looking to make significant real estate investments in the area.

Demographics

Danbury, Texas, is a small town located in Brazoria County with a population of approximately X,XXX residents. The community is known for its tight-knit atmosphere, excellent schools, and family-friendly environment, making it an ideal place for individuals and families looking to settle down.

Housing Market

The housing market in Danbury, Texas, offers a range of options for homebuyers, from cozy single-family homes to spacious ranch-style properties. The market is stable, with steady appreciation rates and affordable prices compared to neighboring areas, making it an attractive location for both first-time buyers and investors.

Main Attractions

Some of the main attractions in Danbury include the picturesque Danbury Park, which offers recreational facilities for residents of all ages, as well as the historic downtown area with its charming shops and restaurants. Outdoor enthusiasts can also enjoy hiking and biking trails in the surrounding countryside.

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