DSCR up to 8 units in Hemphill, TX

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

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

Investment Opportunities in Hemphill, TX

The Benefits of DSCR Loan in Hemphill, Texas

DSCR loans are advantageous for individuals in Hemphill, Texas as they offer lower interest rates compared to traditional loans. This can result in significant savings over the loan term, making it an attractive financing option for both new homebuyers and existing homeowners looking to refinance.

Furthermore, DSCR loans are ideal for self-employed individuals or those with non-traditional income sources. The flexibility in income verification criteria allows a wider range of applicants to qualify for these loans, making homeownership more accessible to a diverse group of people in Hemphill.

With its picturesque landscapes, Hemphill, Texas, offers a serene setting for residents. The town boasts a small-town feel with a close-knit community, ideal for those seeking a peaceful and laid-back lifestyle. The area's demographics include a mix of retirees, young families, and outdoor enthusiasts attracted to the town's proximity to national parks and recreational lakes.

The housing market in Hemphill is thriving, with a range of housing options available to suit different preferences and budgets. From charming historic homes to modern developments, prospective buyers have a variety of choices. The demand for housing in Hemphill remains strong, making it a stable investment opportunity for homeowners and real estate investors alike.

Some main attractions in Hemphill include the renowned Toledo Bend Reservoir, a popular spot for fishing and water sports enthusiasts. Additionally, the Sabine National Forest offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching, making it an attractive destination for nature lovers.

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