DSCR up to 8 units in Nada, TX

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

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

Investment Opportunities in Nada, TX

Benefits of DSCR Loan in Nada, Texas

DSCR loans offer fixed rates, making budgeting predictable for borrowers. They are also favorable for investors due to higher debt limits and lower interest rates compared to traditional loans.

Demographics: Nada, Texas, is a small, tight-knit community with a population of approximately 500 residents. The town boasts a diverse demographic, with a mix of ages and backgrounds contributing to its unique charm.

Housing Market: The housing market in Nada is stable, with a variety of properties available, from quaint historic homes to modern developments. The median home price is affordable, making it an attractive option for first-time buyers and investors alike.

Main Attractions: Nada's main attractions include the picturesque Nada Baptist Church, known for its stunning stained glass windows, and the nearby Brazos Bend State Park, offering hiking, fishing, and wildlife viewing opportunities.

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