DSCR up to 8 units in Mound, TX

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

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

Investment Opportunities in Mound, TX

Benefits of DSCR Loan in Mound, Texas

A Debt Service Coverage Ratio (DSCR) loan provides numerous benefits for individuals looking to invest in real estate in Mound, Texas. This type of loan ensures that the property's income is sufficient to cover the mortgage payments, reducing the risk for lenders and potentially offering lower interest rates to borrowers.

Demographically, Mound, Texas, is a charming small town with a population of around 2,500 residents. The community is predominantly made up of families and retirees, offering a peaceful and close-knit environment for residents.

In terms of the housing market, Mound, Texas, presents a promising opportunity for real estate investors. The market is stable with steady appreciation rates, making it an attractive location for those looking to purchase properties for rental income or long-term investment.

Some of the main attractions in Mound, Texas, include the picturesque Lake Palestine, which offers opportunities for fishing and water sports. The town also boasts scenic parks, local shops, and restaurants, providing a thriving yet tranquil lifestyle for residents.

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