DSCR up to 8 units in New Summerfield, TX

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

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

Investment Opportunities in New Summerfield, TX

DSCR Loan Benefits in New Summerfield, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in New Summerfield. One of the key advantages is the lower risk for lenders due to the property's income potential. This often results in better loan terms, such as lower interest rates and higher loan amounts, making it an attractive option for real estate investments in the area.

New Summerfield, Texas, is a small town with a close-knit community. The demographics here highlight a mix of families, young professionals, and retirees. The cost of living is reasonable, and the town offers a peaceful and safe environment for residents of all ages.

The housing market in New Summerfield is stable, with a variety of housing options available. From cozy single-family homes to spacious ranch-style properties, there is something for everyone. Property values have been appreciating steadily, making it a lucrative market for both buyers and sellers.

While New Summerfield may be a quiet town, it boasts several main attractions that draw visitors and residents alike. The town's rich history can be explored at the local museums and historical sites. Outdoor enthusiasts can enjoy the nearby parks and natural beauty, providing plenty of recreational opportunities.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now