DSCR up to 8 units in Leroy, TX

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

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

Investment Opportunities in Leroy, TX

DSCR Loan Benefits in Leroy, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to individuals and businesses in Leroy, Texas. These loans provide financial flexibility by offering lower interest rates, longer repayment terms, and higher loan amounts compared to traditional loans. Moreover, DSCR loans do not require personal collateral, making them an attractive option for borrowers looking to finance real estate investments or business expansions.

Leroy, Texas, is a charming rural town with a population that values a tight-knit community. The demographics of Leroy showcase a mix of families and retirees, creating a diverse and welcoming environment. The cost of living is affordable, and the town boasts excellent schools, making it an ideal place for families looking to settle down.

The housing market in Leroy, Texas, is stable and offers a variety of options for potential buyers. Whether you are looking for a cozy single-family home or a spacious ranch-style property, Leroy has something for everyone. With the help of a DSCR loan, individuals can secure their dream home with favorable terms and conditions.

While Leroy may be a small town, it has its fair share of attractions. From exploring the scenic parks and nature trails to enjoying local events and festivals, there is always something to do in Leroy. Additionally, the town's proximity to larger cities like Waco and Dallas provides residents with easy access to a range of entertainment and cultural activities.

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