DSCR up to 8 units in Lovelady, TX

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

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

Investment Opportunities in Lovelady, TX

Benefits of a DSCR Loan in Lovelady, Texas

DSCR loans are advantageous for property investors in Lovelady, Texas due to their favorable debt coverage ratios which enable easier loan approval and lower interest rates.

Demographics in Lovelady show a small but vibrant community with a population that values a close-knit atmosphere and a peaceful lifestyle. The town boasts a mix of residents from different age groups, creating a diverse and welcoming environment.

The housing market in Lovelady is stable with affordable property prices compared to larger cities in Texas. This makes it an attractive location for real estate investment or for those looking to own a home in a serene and picturesque setting.

Lovelady, Texas is home to charming attractions such as the historic Davy Crockett National Forest, offering outdoor activities like hiking and camping. Additionally, the Lovelady Heritage Museum preserves the town's rich history and culture, making it a must-visit for visitors and locals alike.

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