DSCR up to 8 units in Hobson, TX

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

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

Investment Opportunities in Hobson, TX

Benefits of DSCR Loan in Hobson, Texas

DSCR (Debt Service Coverage Ratio) loans in Hobson, Texas offer multiple benefits to borrowers. These loans are beneficial for property investors looking to finance income-producing properties. DSCR loans prioritize property cash flow over the borrower's credit score, making them accessible to a wider range of investors.

Demographically, Hobson, Texas, is a small but vibrant community with a population of approximately 1000 residents. The town has a friendly and close-knit atmosphere, making it an ideal place for families and retirees seeking a peaceful lifestyle away from the hustle and bustle of larger cities.

The housing market in Hobson, Texas, is characterized by a mix of historic homes and modern constructions. The market offers diverse options, from cozy single-family homes to spacious ranch-style properties. Despite being a small town, the real estate market in Hobson is stable, with steady appreciation rates, making it a promising investment opportunity.

Some of the main attractions in Hobson include the picturesque Hobson Park, a serene green space perfect for picnics and outdoor activities. The town also boasts charming local shops and restaurants, offering a taste of small-town charm. Additionally, Hobson is located near scenic natural areas, providing opportunities for hiking, fishing, and other outdoor adventures.

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