DSCR up to 8 units in Ennis, TX

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

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

Investment Opportunities in Ennis, TX

Benefits of DSCR Loan in Ennis, Texas

A Debt Service Coverage Ratio (DSCR) loan can offer numerous benefits for individuals in Ennis, Texas. This type of loan provides a favorable way for borrowers to finance investment properties, enabling them to earn rental income and build equity without putting excessive strain on their cash flow.

Demographics: Ennis, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The city has a strong sense of community and a range of cultural activities that cater to residents of all ages and backgrounds.

Housing Market: The housing market in Ennis, Texas, is thriving, offering a wide variety of properties from historic homes to modern developments. With competitive prices and a stable market, investing in real estate in Ennis can provide excellent returns for buyers looking to grow their assets.

Main Attractions: Ennis is known for its charming downtown area, vibrant arts scene, and annual events such as the National Polka Festival. Residents and visitors alike can enjoy the city's parks, museums, and local shops, making it a desirable place to live and invest.

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