DSCR up to 8 units in Whitt, TX

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

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

Investment Opportunities in Whitt, TX

Benefits of a DSCR Loan in Whitt, Texas

Benefits of DSCR Loan:

DSCR (Debt Service Coverage Ratio) loans are advantageous for borrowers in Whitt, Texas due to their lower down payment requirements and competitive interest rates. These loans are ideal for real estate investors looking to purchase income-generating properties.

Demographics:

Whitt, Texas has a population of around 200 residents. The community is close-knit, with a mix of families and retirees. The median household income is $50,000, and the cost of living is relatively affordable compared to nearby cities.

Housing Market:

The housing market in Whitt offers a mix of single-family homes and ranch-style properties. With the median home price around $150,000, the market is stable and presents opportunities for both buyers and sellers. DSCR loans provide flexibility for investors to leverage these opportunities.

Main Attractions:

Whitt is known for its scenic countryside views and outdoor recreational opportunities. Residents enjoy hiking in the nearby state parks, fishing in the local lakes, and exploring the historic downtown area. The community's peaceful atmosphere and natural beauty attract visitors from neighboring towns.

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