DSCR up to 8 units in Pennington, TX

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

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

Investment Opportunities in Pennington, TX

DSCR Loan Benefits in Pennington, Texas

DSCR (Debt Service Coverage Ratio) loans in Pennington, Texas offer numerous benefits to potential homebuyers. These loans provide a clear picture of the borrower's ability to repay the loan amount, ensuring financial stability and reducing the risk for both lenders and borrowers.

Demographically, Pennington, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The town has a strong sense of community, with excellent schools and healthcare facilities, making it an ideal location for families looking to settle down.

The housing market in Pennington is dynamic and offers a range of options for buyers, from cozy suburban homes to expansive rural properties. With competitive interest rates and increasing property values, investing in real estate in Pennington is a sound financial decision.

Some of the main attractions in Pennington include its beautiful parks, historic downtown area, and vibrant local arts scene. Residents and visitors alike can enjoy outdoor activities, cultural events, and a friendly atmosphere that truly embodies the spirit of Texas.

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