DSCR up to 8 units in Pettus, TX

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

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

Investment Opportunities in Pettus, TX

Benefits of DSCR Loans in Pettus, Texas

DSCR loans in Pettus, Texas offer numerous benefits to borrowers. One of the key advantages is that they use the property's debt service coverage ratio to determine the loan amount, making it easier for investors to qualify and secure financing for their real estate projects.

Pettus, Texas, a small town with a population of around 500, boasts a close-knit community with a rich history. The demographic makeup consists mainly of families and retirees, creating a peaceful and welcoming atmosphere for residents and visitors alike.

The housing market in Pettus, Texas, is stable and offers a range of property options, from cozy single-family homes to spacious ranch-style houses. With affordable prices compared to larger cities, Pettus presents an attractive opportunity for homebuyers looking for a serene and affordable place to live.

Main attractions in Pettus include the picturesque Pettus Park, perfect for outdoor activities and community events. Additionally, the town's historical sites, such as the Pettus Depot Museum, provide a glimpse into the area's past. Overall, Pettus offers a tranquil lifestyle steeped in history and natural beauty.

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