DSCR up to 8 units in Overton, TX

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

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

Investment Opportunities in Overton, TX

Benefits of DSCR Loan in Overton, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages to those seeking financing in Overton, Texas. These loans are ideal for investors as they focus on the property's income potential rather than personal income, making it easier to qualify for larger loans.

Demographically, Overton is a charming city with a population that values community and a slower pace of life. The town has a mix of residents from young families to retirees, creating a diverse and welcoming environment.

In the housing market, Overton offers a range of options from historic homes with character to newly constructed properties. The market is relatively stable, with moderate appreciation rates, making it a good choice for buyers looking for long-term investments.

Some main attractions in Overton include the Heritage Plaza, where locals gather for events and festivals, and the Overton Nature Center, a serene retreat for nature lovers. The city's rich history can be explored at the Overton Museum and Visitors Center.

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