DSCR up to 8 units in Petty, TX

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

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

Investment Opportunities in Petty, TX

Benefits of DSCR Loan in Petty, Texas

Benefits: A Debt Service Coverage Ratio (DSCR) loan in Petty, Texas offers benefits such as lower interest rates, longer terms, and higher loan amounts. It helps investors acquire and maintain income-generating properties by ensuring cash flow stability and affordability.

Demographics: Petty, Texas, has a population of approximately X residents. The median age is X, and the majority of the population works in industries such as agriculture, retail, and education. The community is known for its tight-knit feel and welcoming environment.

Housing Market: The housing market in Petty is described as stable, with a mix of traditional single-family homes and newer developments. Property values have been steadily increasing, making it an attractive area for real estate investment. The average home price is around $X with a healthy rental market.

Main Attractions: Some of the main attractions in Petty include the beautiful Petty Lake, which offers boating and fishing opportunities. The town also hosts an annual country fair that showcases local vendors and live music. Additionally, Petty is known for its charming downtown area with unique shops and restaurants.

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