DSCR up to 8 units in Hughes Springs, TX

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

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

Investment Opportunities in Hughes Springs, TX

Benefits of DSCR Loan in Hughes Springs, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to individuals in Hughes Springs, Texas. These loans enable borrowers to finance investment properties with the rental income as the primary repayment source, providing flexibility and additional income streams.

Demographically, Hughes Springs has a population of around 1,700 residents and is known for its close-knit community feel. The town boasts a diverse population, with a mix of families, young professionals, and retirees, creating a vibrant atmosphere.

In terms of the housing market, Hughes Springs offers a range of affordable housing options, from cozy single-family homes to spacious ranch-style properties. The market is stable, with steady appreciation rates, making it an attractive location for both homebuyers and real estate investors.

Main attractions in Hughes Springs include the stunning Daingerfield State Park, perfect for outdoor enthusiasts, and the charming downtown area with local shops and cafes. The town also hosts community events throughout the year, fostering a strong sense of belonging among residents.

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