DSCR up to 8 units in Texarkana, TX

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

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

Investment Opportunities in Texarkana, TX

Benefits of DSCR Loan in Texarkana, Texas

A Debt Service Coverage Ratio (DSCR) loan in Texarkana, Texas offers numerous advantages to borrowers. One of the key benefits is that DSCR loans are ideal for real estate investors who are looking to finance income-generating properties. These loans typically have more flexible underwriting criteria compared to traditional mortgages.

Demographically, Texarkana is a vibrant city located on the border of Texas and Arkansas. With a population of approximately 37,000 residents, the city boasts a diverse community with a mix of cultures and backgrounds. The cost of living in Texarkana is lower than the national average, making it an attractive location for families and individuals looking to settle down.

In terms of the housing market, Texarkana offers a variety of housing options ranging from historic homes to modern developments. The market is relatively stable with affordable housing prices compared to larger metropolitan areas. Whether you are looking for a single-family home, a condo, or even investment properties, Texarkana has something to offer for every budget.

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