DSCR up to 8 units in Paradise, TX

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

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

Investment Opportunities in Paradise, TX

Benefits of DSCR Loan in Paradise, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to individuals in Paradise, Texas. These loans are ideal for real estate investors as they provide a strong financial foundation by ensuring that the property's income covers the loan payment and associated expenses.

Demographics in Paradise, Texas, portray a charming small town with a tight-knit community. With a population of around 5000 residents, Paradise offers a peaceful and welcoming environment for families and retirees alike.

The housing market in Paradise, Texas, is stable and growing steadily. The average home price is affordable compared to neighboring cities, making it an attractive location for first-time homebuyers. With a variety of housing options, from cozy single-family homes to spacious ranch properties, Paradise caters to diverse housing needs.

Paradise, Texas, boasts several main attractions that draw visitors and residents alike. The Wise County Heritage Museum provides a glimpse into the area's history, while the picturesque Paradise Lake offers recreational activities such as fishing and boating. Additionally, the local wineries and farm-to-table restaurants showcase the town's unique charm.

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