DSCR up to 8 units in Tenaha, TX

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

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

Investment Opportunities in Tenaha, TX

Benefits of DSCR Loan in Tenaha, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Tenaha, Texas. These loans are particularly beneficial for aspiring homeowners as they focus on the property's income-generating potential rather than the borrower's credit score, making them more accessible to a wider range of individuals.

Demographically, Tenaha, Texas, is a small but vibrant community with a population of approximately 1,160 residents. The town boasts a strong sense of community and a diverse population, making it an ideal place to settle down and raise a family.

The housing market in Tenaha is characterized by affordable prices and a variety of housing options, ranging from cozy single-family homes to spacious ranch-style properties. With a median home price below the national average, Tenaha provides an attractive opportunity for individuals looking to invest in real estate.

In addition to its affordable housing market, Tenaha offers a range of main attractions for residents and visitors alike. From the picturesque Tenaha Wildlife Management Area to the historic Tenaha Train Depot Museum, there are plenty of opportunities to explore the town's rich history and natural beauty.

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