DSCR up to 8 units in Hillsboro, TX

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

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

Investment Opportunities in Hillsboro, TX

Benefits of DSCR Loan in Hillsboro, Texas

DSCR (Debt Service Coverage Ratio) loans offer various benefits to borrowers in Hillsboro, Texas. These loans evaluate the property's income potential rather than relying solely on the borrower's credit score, making them ideal for real estate investors and businesses looking to secure financing for commercial properties.

Demographics: Hillsboro, Texas, has a population of approximately 8,456 residents. The median age is 33 years old, and the majority of the population is employed in industries such as manufacturing, healthcare, and education. The city has a rich history and a strong sense of community.

Housing Market: The housing market in Hillsboro, Texas, is stable with a median home value of $142,000. The city offers a mix of historic homes and new developments, providing options for different preferences and budgets. The real estate market is competitive, with properties selling quickly due to high demand.

Main Attractions: Hillsboro, Texas, boasts several attractions, including the Hill County Courthouse, a beautiful historic building known for its architecture. Visitors can also explore the Texas Heritage Museum, showcasing the history of the region. Nature lovers can enjoy Lake Whitney State Park, offering opportunities for outdoor activities such as hiking and fishing.

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