DSCR up to 8 units in Dumas, TX

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

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

Investment Opportunities in Dumas, TX

Benefits of DSCR Loan in Dumas, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for borrowers in Dumas, Texas. These loans provide financial leverage for investment in real estate properties by ensuring that the property's income generated is sufficient to cover the debt service.

Dumas, Texas, with a population of approximately 15,000 residents, is a vibrant community with a mix of rural charm and modern amenities. The city boasts a diverse demographic profile, with a median household income above the national average and a relatively low cost of living.

The housing market in Dumas is robust, offering affordable real estate options for both homebuyers and investors. The median home price in Dumas is below the national average, making it an attractive location for those looking to purchase property or secure a DSCR loan.

Some of the main attractions in Dumas include the Window on the Plains Museum, McDade Park, and the Moore County Historical Museum. Additionally, outdoor enthusiasts can enjoy recreational activities at the nearby Lake Meredith National Recreation Area.

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