DSCR up to 8 units in Cleveland, TX

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

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

Investment Opportunities in Cleveland, TX

Benefits of DSCR Loan in Cleveland, Texas

DSCR loans are advantageous for investors in Cleveland, Texas, as they provide financial flexibility by considering the property’s income-generating capability rather than the borrower's credit score.

Cleveland, Texas, is a charming city with a diverse population. The demographic makeup includes a mix of young professionals, families, and retirees, creating a vibrant community with ample opportunities for growth and development.

The housing market in Cleveland, Texas, is promising, offering affordable options for both renting and buying. With an array of properties available, investors can find opportunities to maximize their returns through rental income or property value appreciation.

Some main attractions in Cleveland, Texas, include the beautiful parks and outdoor recreational areas, historic sites showcasing the city's rich heritage, and a variety of dining and shopping options to cater to residents and visitors alike.

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