DSCR up to 8 units in Mckinney, TX

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

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

Investment Opportunities in Mckinney, TX

Benefits of DSCR Loan in McKinney, Texas

DSCR loans offer several benefits to potential homebuyers in McKinney, Texas. These loans are ideal for investors looking to buy rental properties as they consider the property's income potential rather than personal credit.

Demographics: McKinney, Texas, is a thriving city located just north of Dallas. With a population of over 200,000 residents, this diverse community offers a mix of urban and suburban living, attracting families, young professionals, and retirees alike.

Housing market: McKinney's housing market is robust, with a strong demand for both rental and purchase properties. The city's real estate values have been steadily increasing, making it an attractive investment opportunity for those looking to capitalize on the growing market.

Main attractions: McKinney boasts a charming historic downtown area, excellent schools, and a variety of recreational activities including parks, trails, and cultural events. With its vibrant community and high quality of life, McKinney is a desirable place to call home.

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