DSCR up to 8 units in Canton, TX

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

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

Investment Opportunities in Canton, TX

Benefits of DSCR Loans in Canton, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for borrowers in Canton, Texas. These loans provide a flexible financing solution for real estate investments, ensuring that the property's income covers the debt repayments.

Demographically, Canton is a vibrant city with a population of approximately 3,900 residents. The community is diverse, with a mix of ages and backgrounds, creating a welcoming and inclusive environment for all. The city's proximity to major highways and airports makes it a convenient location for both residents and businesses.

The housing market in Canton is thriving, with a range of affordable options available for buyers. The median home price is competitive, making it an attractive destination for first-time homebuyers and investors alike. With a variety of housing styles and sizes, Canton offers something for everyone.

Some main attractions in Canton include the famous First Monday Trade Days, a monthly flea market that draws visitors from across the state. The city is also home to beautiful parks, charming boutiques, and delicious local eateries, providing plenty of entertainment options for residents and tourists alike.

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