DSCR up to 8 units in Fairfield, TX

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

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

Investment Opportunities in Fairfield, TX

Benefits of DSCR Loan in Fairfield, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for real estate investors in Fairfield, Texas. These loans provide investors with the flexibility to finance their property acquisitions with lower personal risk, as the property's income is the main focus for loan approval, rather than the investor's personal income.

Demographics: Fairfield, Texas, is a charming small town with a population of approximately 2,900 residents. The town boasts a diverse community, with a mix of young families, professionals, and retirees. The town's proximity to major cities like Dallas and Houston makes it an attractive location for those seeking a peaceful lifestyle with access to urban amenities.

Housing Market: The housing market in Fairfield offers a range of options, from historic homes with Victorian charm to modern developments. The median home price is competitive, making it an affordable option for first-time homebuyers and investors alike. With a stable market and steady appreciation rates, Fairfield presents a good opportunity for long-term investment.

Main Attractions: Fairfield is known for its scenic beauty, with parks, lakes, and outdoor recreational activities. The Freestone County Museum and the Moody-Bradley House offer insights into the town's history, while the Fairfield Lake State Park is a popular spot for camping, fishing, and water sports.

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