DSCR up to 8 units in Wilmer, TX

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

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

Investment Opportunities in Wilmer, TX

Benefits of DSCR Loan in Wilmer, Texas

DSCR loans in Wilmer, Texas bring several key advantages to potential borrowers. One of the primary benefits is that these loans focus on the property's income-generating potential rather than the borrower's personal income. This can be particularly advantageous for investors and self-employed individuals with fluctuating incomes.

Furthermore, DSCR loans typically offer higher loan amounts and longer repayment terms compared to traditional mortgages. This can provide borrowers with more flexibility and allow them to take on larger real estate projects or investments in Wilmer, Texas.

Moreover, DSCR loans often have lower interest rates and requirements for down payments, making them an attractive financing option for individuals looking to enter or expand their presence in the Wilmer real estate market.

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