DSCR up to 8 units in Wortham, TX

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

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

Investment Opportunities in Wortham, TX

Benefits of DSCR Loans in Wortham, Texas

DSCR (Debt Service Coverage Ratio) loans in Wortham, Texas are known for their low interest rates and flexible repayment options. Borrowers can enjoy financial stability and long-term savings with these loans.

Demographics

Wortham, Texas, is a small town with a population of approximately 1,000 residents. The town has a close-knit community with a mix of families and retirees. The cost of living is affordable, making it an attractive place to settle down.

Housing Market

The housing market in Wortham offers a variety of options, from historic homes to modern developments. With the help of DSCR loans, residents can easily finance their dream homes at favorable terms. The market is stable, making it a good investment opportunity.

Main Attractions

Wortham is home to the Wortham World Famous Watermelon Festival, a popular event that draws visitors from all over Texas. The town also boasts scenic parks, historical sites, and local eateries serving up delicious Southern cuisine.

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