DSCR up to 8 units in Fredonia, TX

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

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

Investment Opportunities in Fredonia, TX

Benefits of DSCR Loan in Fredonia, Texas

A Debt Service Coverage Ratio (DSCR) loan in Fredonia, Texas offers numerous benefits to prospective buyers. It provides a more secure financial option for borrowers, reducing the risk of default and making it easier to qualify for loans.

Demographically, Fredonia, Texas has a population of approximately 2,500 residents. The town is known for its tight-knit community, with a strong focus on family values and a low crime rate. The cost of living is relatively affordable compared to nearby cities.

In terms of the housing market, Fredonia offers a range of options for buyers, from historic homes downtown to newer developments in the outskirts. The market is stable, with steady appreciation rates over the years, making it a good investment opportunity for buyers.

Main attractions in Fredonia include the Fredonia Hotel, a historic landmark known for its charm and hospitality. The town also boasts beautiful outdoor spaces like Fredonia Lake and the Fredonia National Forest, offering residents a tranquil and scenic environment to explore.

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