DSCR up to 8 units in Wells, TX

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

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

Investment Opportunities in Wells, TX

Benefits of DSCR Loan in Wells, Texas

DSCR (Debt Service Coverage Ratio) loans in Wells, Texas offer significant advantages to borrowers. These loans are ideal for real estate investors as they focus on the property's income-generating potential rather than the borrower's credit score.

Demographically, Wells, Texas has a population of around 800 residents. The town is known for its tight-knit community feel, making it an attractive place for families and retirees seeking a peaceful lifestyle.

In terms of the housing market, Wells, Texas offers affordable real estate prices compared to neighboring areas. The demand for housing in Wells is steady, providing a stable market for both buyers and sellers.

Some main attractions in Wells include the renowned Davy Crockett National Forest, which offers outdoor enthusiasts a plethora of recreational activities. The town also hosts the annual Piney Woods ATV Rally, attracting visitors from across the state.

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