DSCR up to 8 units in Lumberton, TX

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

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

Investment Opportunities in Lumberton, TX

DSCR Loan Benefits in Lumberton, Texas

DSCR loans in Lumberton, Texas, offer numerous benefits to borrowers. One of the key advantages is the low-interest rates, making the financing more affordable for real estate investments. Additionally, DSCR loans do not require personal income verification, focusing more on the property's income potential. This can be advantageous for individuals with varying income streams.

Lumberton, Texas, is a vibrant city with a diverse demographic profile. The population consists of a mix of families, professionals, and retirees, creating a welcoming community atmosphere. The city's educational system is top-notch, with schools of high reputation attracting families looking for quality education for their children.

The housing market in Lumberton is thriving, offering a range of property options from single-family homes to spacious estates. The market is known for its stability and steady appreciation, making it an attractive location for both homebuyers and investors. With a variety of styles and price points, there is something for everyone in Lumberton's housing market.

Some main attractions in Lumberton include the Village Creek State Park, known for its picturesque hiking trails and camping sites. The Big Thicket National Preserve is another popular destination for nature lovers, offering diverse ecosystems and wildlife. Additionally, the city boasts a rich cultural scene with art galleries, museums, and local festivals that showcase the community's creativity and heritage.

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