DSCR up to 8 units in De Leon, TX

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

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

Investment Opportunities in De Leon, TX

Benefits of DSCR Loan in De Leon, Texas

DSCR (Debt Service Coverage Ratio) loans offer several benefits for borrowers in De Leon, Texas. These loans are commonly used in commercial real estate transactions and are known for providing lenders with greater security by ensuring that the property's income will cover the debt payments.

Demographically, De Leon is a small city located in Comanche County, Texas, with a population of approximately 2,433 residents. The city has a suburban feel, and the majority of residents own their homes. The median household income in De Leon is $34,500, and the median property value is $76,200.

In terms of the housing market, De Leon offers a variety of properties ranging from quaint single-family homes to spacious ranch-style houses. The real estate market in De Leon is considered affordable compared to neighboring cities, making it an attractive option for first-time homebuyers or investors looking to capitalize on rental properties.

Main attractions in De Leon include the popular De Leon Downtown Square, which features charming shops and restaurants. Additionally, the city is known for its proximity to recreational areas such as Lake Proctor, where residents can enjoy fishing, boating, and picnicking.

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