DSCR up to 8 units in Mullin, TX

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

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

Investment Opportunities in Mullin, TX

Benefits of a DSCR Loan in Mullin, Texas

DSCR (Debt Service Coverage Ratio) loans in Mullin, Texas offer various advantages to borrowers. These loans provide greater financial flexibility by considering the property's income potential rather than relying solely on the borrower's credit score.

Demographically, Mullin is a small town in Texas with a population that values close-knit community living. It offers a peaceful environment with a low crime rate, making it an ideal place for families and retirees looking for a safe and serene place to call home.

The housing market in Mullin is stable, with a mix of single-family homes and spacious properties available at affordable prices. DSCR loans can help potential homeowners secure financing for their dream properties without the stringent requirements of traditional mortgages.

Main attractions in Mullin include its scenic beauty, outdoor recreational opportunities, and historical sites. From exploring state parks to visiting local museums, residents and visitors can enjoy a variety of activities that showcase the town's rich heritage and natural landscapes.

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