DSCR up to 8 units in Waxahachie, TX

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

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

Investment Opportunities in Waxahachie, TX

DSCR Loans in Waxahachie, Texas

Benefits of a DSCR Loan: A Debt-Service Coverage Ratio (DSCR) loan can provide investors in Waxahachie, Texas, with financial leverage, lower interest rates, and increased flexibility in managing their real estate investments. This type of loan considers the property's income potential rather than just the borrower's credit score, making it an attractive option for commercial real estate financing.

Demographics: Waxahachie, Texas, is a vibrant city with a mix of suburban and rural characteristics. The population is diverse, with a mix of young families, professionals, and retirees. The city has a strong sense of community, with various cultural events and festivals that bring residents together.

Housing Market: The housing market in Waxahachie is experiencing steady growth, with a variety of housing options available, including single-family homes, townhouses, and apartments. The median home price is relatively affordable compared to other cities in Texas, making it an attractive location for first-time homebuyers and investors.

Main Attractions: Waxahachie boasts historical landmarks, such as the Ellis County Courthouse and the Gingerbread City, which attract tourists and locals alike. The city also offers a range of outdoor activities, including parks, trails, and recreational facilities, making it an ideal place for families and nature enthusiasts.

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