DSCR up to 8 units in Simonton, TX

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

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

Investment Opportunities in Simonton, TX

Benefits of DSCR Loan in Simonton, Texas

DSCR (Debt-Service Coverage Ratio) loans present several advantages for individuals in Simonton, Texas. These loans are particularly beneficial for real estate investments as they take into account the property's income potential rather than just the borrower's credit score.

Simonton, Texas, is a charming town with a population that values community and culture. The demographics in Simonton include a mix of families, professionals, and retirees, creating a diverse and welcoming environment.

The housing market in Simonton is currently robust, with a range of properties available to suit different preferences and budgets. DSCR loans offer individuals in Simonton the opportunity to invest in properties that can generate income, which can be particularly advantageous in a thriving market.

Some of the main attractions in Simonton, Texas, include beautiful parks, historic sites, and local events that showcase the town's rich cultural heritage. Residents and visitors alike can enjoy a variety of recreational activities and experience the unique charm of this Texan town.

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