DSCR up to 8 units in Gordon, TX

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

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

Investment Opportunities in Gordon, TX

Benefits of DSCR Loan in Gordon, Texas

DSCR (Debt-Service Coverage Ratio) loans offer several benefits to property investors in Gordon, Texas. These loans provide a way to finance investment properties with stable rental income, as the lender considers the property's income instead of the borrower's personal financial situation.

Demographically, Gordon, Texas, is a small town with a close-knit community. The population is approximately 500 residents, creating a peaceful and friendly atmosphere. The town has a mix of families and retirees, with a low crime rate and good schools, making it an ideal place for those seeking a quiet and safe environment.

In terms of the housing market, Gordon, Texas, offers opportunities for property investment with affordable prices compared to larger cities. The market is stable, showing steady growth over the years. With the availability of DSCR loans, investors can take advantage of the low-interest rates and favorable terms to expand their real estate portfolios in the area.

Main attractions in Gordon include the historic downtown area, known for its charming shops and restaurants. Outdoor enthusiasts can enjoy the nearby Possum Kingdom Lake for recreational activities such as fishing and boating. Additionally, the town hosts various community events throughout the year, fostering a sense of belonging among residents and visitors alike.

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