DSCR up to 8 units in Odonnell, TX

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

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

Investment Opportunities in Odonnell, TX

Benefits of DSCR Loan in Odonnell, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for individuals looking to invest in Odonnell, Texas. These loans provide a clear picture of the borrower's ability to cover the debt payments, making it easier to secure financing for real estate projects.

Odonnell, Texas, is a quaint town with a population that embodies a tight-knit community. The demographics of Odonnell mainly consist of families and retirees, creating a peaceful and welcoming environment for residents.

The housing market in Odonnell is steadily growing, offering diverse options ranging from single-family homes to spacious ranch properties. With the help of DSCR loans, investors can capitalize on the burgeoning real estate market in the area.

Odonnell boasts several main attractions, such as the picturesque Caprock Canyons State Park, known for its scenic trails and diverse wildlife. Additionally, the town hosts cultural events and festivals throughout the year, enhancing the quality of life for its residents.

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