DSCR up to 8 units in Wellman, TX

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

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

Investment Opportunities in Wellman, TX

Benefits of DSCR Loan in Wellman, Texas

Debt Service Coverage Ratio (DSCR) loans are popular in Wellman, Texas due to their numerous benefits. These loans provide a steady cash flow for property investors by ensuring that the property's income exceeds its expenses.

Wellman, Texas, has a diverse population with a mix of young professionals and families. The town offers a quiet and peaceful environment perfect for those looking to escape the hustle and bustle of city life.

The housing market in Wellman is stable, making it an attractive location for real estate investment. With affordable property prices and favorable loan options like DSCR loans, investors can enjoy a solid return on investment.

Main attractions in Wellman include the Wellman Historical Museum, showcasing the town's rich history, and the Wellman-Union Independent School District, known for its quality education system.

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