DSCR up to 8 units in Henrietta, TX

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

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

Investment Opportunities in Henrietta, TX

Benefits of DSCR Loan in Henrietta, Texas

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for individuals seeking financing in Henrietta, Texas. These loans provide a higher level of security to lenders, lower interest rates compared to traditional loans, and increased flexibility for borrowers with varying income streams.

Demographics

Henrietta, Texas, is a charming town with a population of approximately 3,000 residents. The community is known for its friendly atmosphere, strong sense of community, and a mix of both young families and retirees. The town has a diverse economy, including agriculture, oil, and local businesses.

Housing Market

The housing market in Henrietta offers a mix of historic homes and modern properties, catering to various preferences. The median home price is affordable compared to larger cities, making it an attractive option for first-time homebuyers or those looking to invest in real estate. Additionally, with the availability of DSCR loans, financing options are more accessible.

Main Attractions

Henrietta boasts several main attractions, including the historic Clay County 1890 Jail Museum, Lake Arrowhead State Park offering outdoor recreational activities, and local eateries serving delicious Texas cuisine. The town's rich history and natural beauty make it a hidden gem worth exploring.

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