DSCR up to 8 units in Happy, TX

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

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

Investment Opportunities in Happy, TX

Benefits of DSCR Loans in Happy, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages to borrowers in Happy, Texas. One key benefit is the ability to secure financing based on the property's income rather than the borrower's credit score, making it ideal for real estate investors with multiple properties.

Demographics in Happy, Texas, show a close-knit community with a population of around 600 residents. The town boasts a median age of 39, with a majority of the population being homeowners. The friendly and welcoming atmosphere makes it an appealing place to live and invest in real estate.

The housing market in Happy, Texas, is characterized by affordable home prices and a stable growth trajectory. With a median home value below the national average, investing in properties in this area presents an excellent opportunity for both new homeowners and real estate investors looking for long-term returns.

Happy, Texas, is known for its charming small-town vibe and rich local culture. Some of the main attractions include the Happy Community Center, offering various recreational activities, and the annual Happy Fest that brings together residents and visitors for a weekend of fun and celebration.

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