DSCR up to 8 units in Hearne, TX

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

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

Investment Opportunities in Hearne, TX

Benefits of a DSCR Loan in Hearne, Texas

A Debt Service Coverage Ratio (DSCR) loan in Hearne, Texas offers various benefits to borrowers. One of the key advantages is that it helps borrowers secure financing based on the property's income rather than personal income. This can be particularly beneficial for individuals looking to invest in rental properties or commercial real estate.

Moreover, DSCR loans typically have lower interest rates compared to traditional loans, making them a cost-effective financing option for real estate investments in Hearne. Additionally, these loans often come with longer repayment terms, providing borrowers with more flexibility in managing their cash flow and repayment schedules.

Furthermore, DSCR loans can help borrowers build their credit and establish a strong financial profile, which may open doors to future investment opportunities in the competitive housing market of Hearne, Texas.

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