DSCR up to 8 units in Palestine, TX

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

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

Investment Opportunities in Palestine, TX

Benefits of DSCR Loan in Palestine, Texas

DSCR (Debt Service Coverage Ratio) loans offer significant advantages to borrowers in Palestine, Texas. These loans are particularly beneficial for real estate investors as they provide a steady cash flow and ensure that the property generates enough income to cover its operating costs and debt obligations.

Demographics: Palestine, Texas, is a vibrant city with a diverse population. The demographics include a mix of young families, professionals, and retirees, creating a dynamic community rich in culture and history.

Housing Market: The housing market in Palestine, Texas, is robust, offering a range of property options from historic homes to modern developments. With the help of DSCR loans, potential homeowners can access favorable financing options to purchase their dream properties in this thriving market.

Main Attractions: Palestine, Texas, boasts a variety of attractions, including the Texas State Railroad, Davey Dogwood Park, and the Howard House Museum. Residents and visitors alike can enjoy the scenic beauty, outdoor activities, and charming downtown area that make Palestine a desirable place to live and invest.

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