DSCR up to 8 units in Memphis, TX

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

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

Investment Opportunities in Memphis, TX

The Benefits of DSCR Loan in Memphis, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for borrowers in Memphis, Texas. Such loans provide financial flexibility by allowing investors to secure higher loan amounts based on the income generated from the property, rather than personal income.

Demographically, Memphis, Texas is a vibrant city with a diverse population. The city boasts a mix of cultures, ages, and backgrounds, creating a rich tapestry of community life. Its welcoming atmosphere and strong sense of community make it an attractive location for property investment.

The housing market in Memphis, Texas is currently flourishing, offering a range of opportunities for investors. With a steady increase in property values and a growing demand for rental properties, the market presents a promising landscape for those looking to expand their real estate portfolio.

When visiting Memphis, Texas, be sure to explore its main attractions. From the historical charm of the town square to the picturesque parks and vibrant local eateries, there is something for everyone to enjoy in this dynamic city. Whether you are a history buff, nature lover, or foodie, Memphis has something to offer.

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