DSCR up to 8 units in Iredell, TX

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

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

Investment Opportunities in Iredell, TX

Benefits of DSCR Loan in Iredell, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Iredell, Texas offers numerous benefits. These loans typically have lower interest rates, longer terms, and higher loan amounts than traditional loans. This makes them attractive to investors and property owners looking to leverage their real estate investments.

Demographically, Iredell, Texas is a small town with a population of approximately 340 residents. The community is close-knit, with a mix of families and retirees. The town offers a peaceful and serene environment, perfect for those looking to escape the hustle and bustle of city life.

The housing market in Iredell, Texas is stable, with a range of affordable properties available for purchase. The average home price is below the national average, making it an attractive destination for first-time homebuyers and investors. The town also boasts a low cost of living, further enhancing its appeal.

Main attractions in Iredell, Texas include the historic downtown area, which is home to quaint shops and restaurants. Outdoor enthusiasts can explore nearby parks and nature reserves, offering hiking and camping opportunities. The town also hosts community events throughout the year, fostering a strong sense of community spirit.

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