DSCR up to 8 units in Hye, TX

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

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

Investment Opportunities in Hye, TX

Benefits of DSCR Loan in Hye, Texas

DSCR loans offer significant benefits to borrowers in Hye, Texas. These loans are Debt-Service Coverage Ratio loans, meaning they take into consideration the borrower's ability to repay the loan based on income generated by the property being financed. This can be particularly advantageous for property investors as their income potential is a key factor in securing the loan.

Hye, Texas, a charming rural community, provides a picturesque setting for residents. With a population of approximately 215 people, Hye offers a tight-knit community atmosphere. The area boasts a rich history and a strong sense of community pride.

The housing market in Hye, Texas, caters to various preferences and budgets. From historic homes with classic architecture to modern builds with innovative designs, the real estate landscape in Hye offers diverse options for potential buyers. The market is dynamic, with opportunities for both buyers and sellers.

While in Hye, visitors can explore the many attractions the area has to offer. The William Chris Vineyards and Compass Rose Cellars are popular destinations for wine enthusiasts. Additionally, the Lyndon B. Johnson National Historical Park provides a glimpse into the life of the former president. Outdoor enthusiasts can enjoy hiking and birdwatching in the beautiful surroundings of Hye.

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