DSCR up to 8 units in Dike, TX

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

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

Investment Opportunities in Dike, TX

Benefits of a DSCR Loan in Dike, Texas

DSCR loans, or Debt Service Coverage Ratio loans, offer numerous benefits to borrowers in Dike, Texas. These loans provide financing based on the property's income potential rather than the borrower's credit score, making them ideal for real estate investors. With competitive interest rates and flexible terms, DSCR loans can help investors leverage their investments and grow their portfolios.

Demographics in Dike, Texas, show a small but close-knit community. The population consists of diverse backgrounds, with a mix of families, retirees, and young professionals. The town boasts a strong sense of community pride and a low crime rate, making it an attractive place to live for those seeking a peaceful and welcoming environment.

The housing market in Dike, Texas, is characterized by a mix of traditional single-family homes, ranch-style properties, and newer developments. Properties range from affordable starter homes to spacious estates, offering options for various budgets and preferences. With steady appreciation rates and a stable market, Dike presents opportunities for both homebuyers and investors.

Some main attractions in Dike, Texas, include the picturesque Dike Lake, where residents and visitors can enjoy fishing, boating, and picnicking. The town is also known for its charming downtown area, featuring local shops, restaurants, and community events. Additionally, outdoor enthusiasts can explore the nearby trails and parks, providing ample opportunities for recreation and leisure.

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