DSCR up to 8 units in Mexia, TX

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

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

Investment Opportunities in Mexia, TX

The Benefits of DSCR Loans in Mexia, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Mexia, Texas. With this type of financing, individuals and businesses can secure funds based on the income generated by the property being financed rather than personal income. This can be particularly advantageous for real estate investments and commercial properties.

Demographically, Mexia is a vibrant city in Texas with a diverse population. The town has a rich history and a strong sense of community. The cost of living in Mexia is lower than the national average, making it an attractive destination for families and individuals looking to settle down in a welcoming environment.

In terms of the housing market, Mexia offers a range of affordable options for buyers and investors. The real estate market is competitive yet accessible, with a variety of properties available from single-family homes to commercial buildings. DSCR loans can provide the financial flexibility needed to make a sound investment in Mexia's growing housing market.

While in Mexia, visitors can explore a number of attractions such as the Mexia State Supported Living Center, Fort Parker State Park, and Old Fort Parker. These sites offer opportunities for outdoor recreation, historical insights, and cultural experiences, adding to the appeal of Mexia as a place to live and invest.

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