DSCR up to 8 units in Hidalgo, TX

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

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

Investment Opportunities in Hidalgo, TX

Benefits of DSCR Loan in Hidalgo, Texas

Benefits:

A Debt Service Coverage Ratio (DSCR) loan in Hidalgo, Texas offers borrowers the advantage of a more flexible approach to financing, particularly in the real estate sector. These loans determine the borrower's ability to cover the debt through property income, making them ideal for property investors looking to expand their portfolios.

Demographics:

Hidalgo, Texas is a diverse community with a population that reflects a rich cultural tapestry. The area is home to a blend of Hispanic, Caucasian, and other ethnic groups, creating a vibrant and inclusive environment for residents and visitors alike.

Housing Market:

The housing market in Hidalgo, Texas is experiencing steady growth, with a range of affordable housing options available to residents. The presence of DSCR loans has further fueled this growth by providing accessible financing options for individuals looking to invest in the local real estate market.

Main Attractions:

Hidalgo, Texas boasts a variety of attractions for visitors, including the beautiful Hidalgo Pumphouse Museum, the state-of-the-art Payne Arena, and the thrilling Hidalgo County Arena. Additionally, the area's proximity to the Mexican border offers unique cultural experiences and opportunities for exploration.

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