DSCR up to 8 units in Plano, TX

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

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

Investment Opportunities in Plano, TX

Benefits of DSCR Loans in Plano, Texas

DSCR (Debt-Service Coverage Ratio) loans in Plano, Texas offer numerous benefits. These loans are popular among real estate investors as they provide an alternative way to secure financing for investment properties. One key advantage is that DSCR loans do not depend on the borrower's credit score but rather on the property's income potential, making it easier for investors to qualify for funding.

Demographically, Plano, Texas is a thriving city with a diverse population. The city boasts a well-educated community, with a significant portion holding college degrees. The strong economy in Plano, driven by industries like technology and healthcare, makes it an attractive location for real estate investment.

The housing market in Plano is robust, with a steady increase in property values over the years. The city offers a mix of housing options, from modern condominiums to spacious single-family homes, catering to various preferences and budgets. With low unemployment rates and a high demand for rental properties, investing in Plano's real estate market can be a lucrative venture.

Plano, Texas is home to several main attractions that draw visitors and residents alike. From the vibrant Legacy West district with its upscale shopping and dining options to the scenic Oak Point Park and Nature Preserve offering outdoor recreational activities, Plano has something for everyone. The city's rich cultural scene, including museums, theaters, and annual events, adds to its charm and appeal.

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