DSCR up to 8 units in Pendleton, TX

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

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

Investment Opportunities in Pendleton, TX

DSCR Loan Benefits in Pendleton, Texas

A Debt Service Coverage Ratio (DSCR) loan in Pendleton, Texas offers numerous benefits to borrowers. One of the main advantages is that it helps assess a borrower's ability to cover debt obligations. This type of loan is especially beneficial for real estate investors looking to finance properties, as it provides a clear picture of cash flow and financial stability.

Pendleton, Texas, is a charming town with a rich history and diverse demographics. The population comprises mainly of families and professionals seeking a peaceful yet vibrant community to call home. With a mix of suburban and rural characteristics, Pendleton offers a unique living experience for residents of all ages.

The housing market in Pendleton is dynamic, offering a range of options from historic homes to modern developments. The area has experienced steady growth in property values, making it an attractive location for both buyers and sellers. With affordable housing options and a strong market demand, investing in real estate in Pendleton can be a lucrative opportunity.

In addition to its real estate appeal, Pendleton boasts a variety of main attractions. From scenic parks and outdoor recreational activities to local shops and restaurants, there is something for everyone to enjoy in this vibrant community. Residents and visitors alike appreciate the town's cultural events and friendly atmosphere, making Pendleton a sought-after destination in Texas.

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