DSCR up to 8 units in Paluxy, TX

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

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

Investment Opportunities in Paluxy, TX

Benefits of DSCR Loan in Paluxy, Texas

DSCR (Debt Service Coverage Ratio) loans in Paluxy, Texas offer numerous benefits to borrowers. These loans are ideal for real estate investors as they focus on the property's income-generating potential rather than the borrower's credit score. DSCR loans typically have lower interest rates and require a lower down payment compared to traditional loans.

Paluxy, Texas, with a population of approximately X, is a vibrant community known for its scenic beauty and small-town charm. The area boasts a diverse demographic mix, with a median household income of $Y and a median property value of $Z. The cost of living is reasonable, making it an attractive destination for both residents and businesses.

The housing market in Paluxy is currently experiencing steady growth, with a variety of properties available to suit different needs and budgets. From cozy single-family homes to spacious ranch-style residences, there is something for everyone in Paluxy. The market is competitive yet stable, offering opportunities for both buyers and sellers.

Some of the main attractions in Paluxy include the renowned Paluxy River, which provides opportunities for fishing, kayaking, and hiking. The Paluxy Heritage Park offers a glimpse into the area's history, while local eateries and shops showcase the community's unique charm. With its close-knit community and natural beauty, Paluxy is truly a hidden gem in Texas.

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