DSCR up to 8 units in Wills Point, TX

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

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

Investment Opportunities in Wills Point, TX

Benefits of DSCR Loan in Wills Point, Texas

DSCR loans in Wills Point offer various advantages to borrowers. These loans are based on the property's income potential rather than the borrower's personal income. This benefits investors with multiple rental properties or those with fluctuating personal income.

Located in Van Zandt County, Wills Point, Texas, has a population of around 3,500 residents. The town boasts a historic downtown area with charming boutiques and local eateries, making it an ideal place for both residents and tourists looking to experience small-town charm.

The housing market in Wills Point is diverse, with options ranging from historic homes to new developments. The median home price is affordable compared to nearby city areas, making it an attractive location for first-time homebuyers or investors looking for rental properties.

Wills Point is home to several main attractions, including the Wills Point Depot & Museum, which showcases the town's railroad history. The Lake Tawakoni State Park is also nearby, offering outdoor activities like hiking, fishing, and camping for residents and visitors to enjoy.

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