DSCR up to 8 units in Leesburg, TX

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

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

Investment Opportunities in Leesburg, TX

Benefits of DSCR Loan in Leesburg, Texas

DSCR loans in Leesburg, Texas offer numerous benefits for borrowers. These loans are specifically designed to evaluate a property's ability to generate income to cover debt service obligations, making it a great option for investors looking to finance rental properties.

Demographically, Leesburg, Texas is a charming small town with a population that values community and a slower pace of life. The residents are friendly and welcoming, creating a tight-knit atmosphere that appeals to families and retirees alike.

In terms of the housing market, Leesburg offers a diverse range of properties, from historic homes to modern developments. The market is stable and has shown steady appreciation over the years, making it an attractive location for real estate investors seeking long-term growth.

Leesburg, Texas is also known for its main attractions, including the picturesque Lake Bob Sandlin State Park, perfect for outdoor enthusiasts. The town's historic downtown area offers quaint shops and restaurants, adding to its appeal as a charming place to live and visit.

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