DSCR up to 8 units in Perrin, TX

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

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

Investment Opportunities in Perrin, TX

Benefits of DSCR Loan in Perrin, Texas

DSCR loans in Perrin, Texas offer numerous benefits to borrowers. These loans are tailored for real estate investors who want to finance income-producing properties. One major advantage is that lenders primarily evaluate the property's revenue potential, making it easier for investors to qualify without solely relying on personal income.

Perrin, Texas, is a small town with a population of approximately 400 residents. The community has a close-knit feel and offers a peaceful environment away from the hustle and bustle of larger cities. Demographically, Perrin is predominantly Caucasian with a mix of other ethnicities, creating a diverse yet welcoming community.

The housing market in Perrin, Texas, is stable with a range of affordable options for both buyers and renters. The median home price is below the national average, attracting individuals looking to invest in real estate or settle down in a serene setting. Additionally, the rental market provides opportunities for property investors to generate consistent income.

Despite its small size, Perrin, Texas, boasts several main attractions that draw visitors and residents alike. The Perrin Air Force Base Historical Museum showcases the town's military history, while Lake Mineral Wells State Park offers outdoor activities such as hiking, camping, and fishing. The local community center hosts events that promote cultural exchange and unity.

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