DSCR up to 8 units in Odem, TX

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

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

Investment Opportunities in Odem, TX

DSCR Loan Benefits in Odem, Texas

DSCR (Debt Service Coverage Ratio) loans offer various benefits to borrowers in Odem, Texas. These loans provide a higher chance of approval for real estate investors by focusing on the property's income potential rather than the borrower's credit score.

Odem, Texas, is a small yet vibrant community with a population that values a close-knit lifestyle. The town's demographics include a mix of families, young professionals, and retirees, creating a diverse and welcoming environment.

The housing market in Odem remains stable, making it an attractive location for real estate investment. With a range of property options from single-family homes to multi-unit dwellings, investors can find opportunities to generate rental income or resell for a profit.

Some of the main attractions in Odem include its beautiful parks, charming downtown area, and local eateries that offer delicious Texan cuisine. Residents and visitors can enjoy outdoor activities and community events that showcase the town's unique culture.

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