DSCR up to 8 units in Umbarger, TX

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

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

Investment Opportunities in Umbarger, TX

Benefits of DSCR Loan in Umbarger, Texas

DSCR (Debt Service Coverage Ratio) loans offer several benefits to borrowers in Umbarger, Texas. These loans are ideal for real estate investments as they consider the property's income potential rather than the borrower's credit score, making them accessible to a wider range of investors.

Demographically, Umbarger is a small town located in the southern region of Texas with a population of approximately 400 residents. The town boasts a strong sense of community and a close-knit atmosphere, making it an ideal place for those seeking a peaceful and tight-knit community to call home.

In terms of the housing market, Umbarger offers a mix of affordable single-family homes and spacious ranch-style properties. The market is relatively stable with steady appreciation rates, making it an attractive option for investors looking to diversify their real estate portfolio in a promising market.

Main attractions in Umbarger include the iconic Palo Duro Canyon State Park, known for its stunning natural beauty and outdoor recreational activities. Additionally, the town hosts annual events such as the Texas Panhandle Heritage Foundation's outdoor musical drama, attracting visitors from across the state.

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