DSCR up to 8 units in Normanna, TX

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

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

Investment Opportunities in Normanna, TX

DSCR Loan Benefits in Normanna, Texas

DSCR (Debt Service Coverage Ratio) loans offer significant benefits to individuals in Normanna, Texas. These loans provide a higher certainty of loan approval due to their focus on the property's income-generating potential rather than the borrower's credit score.

Normanna, Texas, a small rural community with a population of around 100, offers a peaceful and tight-knit atmosphere. The area boasts a diverse demographic mix, with a significant portion of the population being employed in agriculture and oil-related industries.

The housing market in Normanna, Texas, is characterized by affordable properties with attractive investment opportunities. With the help of DSCR loans, residents can access financing for real estate ventures, whether it be for purchasing a primary residence or investment property.

Main attractions in Normanna include the scenic Normanna Baptist Church, a historic landmark, and the abundance of outdoor recreational activities such as hunting, fishing, and hiking in the surrounding countryside.

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