DSCR up to 8 units in Merit, TX

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

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

Investment Opportunities in Merit, TX

Benefits of DSCR Loan in Merit, Texas

DSCR (Debt Service Coverage Ratio) loans in Merit, Texas provide numerous benefits to borrowers. These loans are ideal for real estate investors looking to finance income-producing properties, as they primarily assess the property's income potential rather than the borrower's credit score.

Demographically, Merit, Texas is a charming small town with a population of approximately 1,500 residents. The community boasts a strong sense of unity and a tight-knit feel, making it an ideal place to live for those seeking a peaceful and close-knit environment.

The housing market in Merit, Texas offers a mix of traditional single-family homes and newer developments, catering to various preferences and budgets. The market remains stable and competitive, with a steady demand for housing and a promising outlook for future appreciation.

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