DSCR up to 8 units in Smyer, TX

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

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

Investment Opportunities in Smyer, TX

DSCR Loan Benefits in Smyer, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages for individuals in Smyer, Texas. These loans provide a strong financial foundation by ensuring that your income is sufficient to cover your debt obligations, allowing for more stability and peace of mind.

In terms of demographics, Smyer is a quaint town located in Hockley County, with a population of around 500 residents. The community is close-knit and family-friendly, offering a peaceful and safe environment for residents of all ages.

The housing market in Smyer is attractive, with a mix of affordable single-family homes and spacious properties. The median home price is reasonable, making it an ideal location for first-time homebuyers or those looking to invest in real estate.

Main attractions in Smyer include the picturesque Smyer Lake, perfect for fishing and picnicking, as well as the local farmers' market where residents can purchase fresh produce and handmade goods. Additionally, the town hosts annual festivals and events that bring the community together.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now