DSCR up to 8 units in Summerfield, TX

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

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

Investment Opportunities in Summerfield, TX

DSCR Loan Benefits in Summerfield, Texas

A Debt Service Coverage Ratio (DSCR) loan is a favorable option for individuals in Summerfield, Texas seeking financing for real estate investments. One of the main benefits is the lender's focus on the property's ability to generate income to cover mortgage payments, rather than solely relying on the borrower's credit history.

Summerfield, Texas, located in the heart of the state, boasts a diverse population with a mix of young families and retirees. The town's charming suburban feel coupled with its strong sense of community make it an attractive place to live and invest in real estate.

The housing market in Summerfield is robust, with a steady increase in property values over the past few years. The demand for housing in the area is high, making it a prime location for real estate investors looking for long-term growth and ROI.

Some of the main attractions in Summerfield include the picturesque parks and recreational areas, vibrant local markets, and a variety of dining options showcasing delicious Southern cuisine. The town's proximity to major cities like Dallas and Houston also make it an ideal location for those seeking a peaceful lifestyle with access to urban amenities.

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