DSCR up to 8 units in Lyons, TX

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

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

Investment Opportunities in Lyons, TX

Benefits of DSCR Loan in Lyons, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Lyons, Texas offers numerous benefits for potential homebuyers and investors. One of the primary advantages of a DSCR loan is that it provides a more realistic assessment of a borrower's ability to repay the loan, taking into consideration the property's income potential.

Demographically, Lyons, Texas, is a diverse community with a mix of families, young professionals, and retirees. The town has a rich cultural history, reflected in its vibrant arts scene and local festivals. The cost of living is relatively affordable compared to larger cities, making it an attractive option for those seeking a balance between urban amenities and small-town charm.

In terms of the housing market, Lyons offers a variety of options ranging from historic homes to modern developments. The market is stable, with steady appreciation rates over the years, making it a sound investment opportunity for buyers. With the availability of DSCR loans, investors can capitalize on the town's growing real estate market while ensuring financial prudence.

Some main attractions in Lyons include XYZ Park, known for its scenic trails and recreational facilities, as well as the historic downtown area with charming shops and eateries. The community values its outdoor spaces, hosting community events and farmers' markets, creating a strong sense of community and belonging.

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