DSCR up to 8 units in Hondo, TX

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

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

Investment Opportunities in Hondo, TX

Benefits of DSCR Loan in Hondo, Texas

DSCR (Debt Service Coverage Ratio) loans offer significant benefits for property investors in Hondo, Texas. These loans provide a way to finance investment properties with stable cash flow, helping investors secure financing based on property income rather than personal credit.

Hondo, Texas, a charming city in the heart of the Lone Star State, boasts a vibrant community with a diverse population. The city's demographics include a mix of cultures, creating a unique and welcoming atmosphere for residents and visitors alike.

When it comes to the housing market in Hondo, Texas, the city offers a range of options for investors and homebuyers. The market is characterized by affordable property prices, making it an attractive location for those looking to invest in real estate or find their dream home.

As for main attractions, Hondo, Texas, is known for its rich history, beautiful parks, and cultural sites. Visitors can explore historic downtown, enjoy outdoor activities at local parks, and experience the city's warm hospitality.

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