DSCR up to 8 units in Edinburg, TX

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

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

Investment Opportunities in Edinburg, TX

DSCR Loan Benefits in Edinburg, Texas

Benefits of a DSCR Loan:

A Debt-Service Coverage Ratio (DSCR) loan offers favorable terms for individuals or businesses looking to invest in real estate in Edinburg. This type of loan provides greater financial flexibility by considering the property's income-generating potential rather than just the borrower's credit score.

Demographics:

Edinburg, Texas, is a vibrant city with a diverse population. The city has a mix of young professionals, families, and retirees, offering a blend of cultures and traditions. The median household income is steadily increasing, indicating growth and economic stability within the community.

Housing Market:

The housing market in Edinburg is robust, with a range of affordable options for home buyers. DSCR loans can help individuals secure financing for properties in various neighborhoods, catering to different preferences and budgets. The market is competitive yet offers opportunities for both buyers and sellers.

Main Attractions:

Edinburg boasts a rich cultural scene, including museums, art galleries, and historical sites that showcase the city's heritage. Additionally, outdoor enthusiasts can explore the scenic parks and nature reserves in the area. With a thriving dining scene and vibrant community events, Edinburg offers a dynamic and engaging lifestyle for residents and visitors alike.

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