DSCR up to 8 units in Lindale, TX

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

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

Investment Opportunities in Lindale, TX

Benefits of DSCR Loan in Lindale, Texas

DSCR (Debt Service Coverage Ratio) loans offer several advantages in Lindale, Texas. These loans provide a clear picture of the property's ability to generate income and cover its debt obligations, helping investors make informed decisions.

Lindale, Texas, with a population of approximately 6,800 residents, boasts a diverse community. The median household income is above the national average, making it an attractive location for real estate investments.

The local housing market in Lindale is thriving, with a steady increase in property values. The demand for housing remains strong, offering opportunities for investors to benefit from rental income and potential property appreciation.

Some of the main attractions in Lindale include the Old Mill Pond Museum, showcasing the town's history, and Miranda Lambert's Pink Pistol, a popular boutique and music venue. Outdoor enthusiasts can enjoy activities at Faulkner Park and the nearby Lake Palestine.

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