DSCR up to 8 units in Devers, TX

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

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

Investment Opportunities in Devers, TX

Benefits of DSCR Loan in Devers, Texas

DSCR loans in Devers, Texas offer competitive interest rates, making them attractive financing options for real estate investments. These loans provide flexibility in repayment terms, allowing borrowers to structure payments based on their income flow.

Demographics: Devers, Texas, is a small town with a population of around 400 residents. The community is tight-knit, and the town offers a peaceful and quiet environment, ideal for families and retirees looking for a slower pace of life.

Housing Market: Devers boasts a diverse housing market, with options ranging from quaint single-family homes to spacious ranch-style properties. The average home value in Devers is affordable, making it an attractive location for first-time homebuyers and investors looking for potential rental income.

Main Attractions: Devers is surrounded by picturesque natural landscapes, providing opportunities for outdoor activities such as hiking, fishing, and camping. The town also hosts annual events that celebrate local culture and traditions, offering residents a chance to connect and build community ties.

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