DSCR up to 8 units in Wylie, TX

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

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

Investment Opportunities in Wylie, TX

Benefits of DSCR Loan in Wylie, Texas

DSCR loans in Wylie, Texas offer numerous benefits to potential borrowers. With a Debt Service Coverage Ratio loan, borrowers have the advantage of using rental income to qualify for the loan, making it an attractive option for real estate investors.

Demographically, Wylie is a rapidly growing city located in Collin County, Texas. The city boasts a diverse population with a mix of young families and professionals. The median household income in Wylie is above the national average, indicating a strong economic base.

The housing market in Wylie, Texas, is thriving, with a range of housing options available to suit different preferences and budgets. The city offers a mix of single-family homes, townhouses, and apartments, providing ample choices for potential buyers and renters.

Wylie, Texas, is home to several main attractions, including the historic Downtown Wylie area, offering charming shops and restaurants. Residents and visitors can also enjoy outdoor activities at Lavon Lake and visit the nearby Southfork Ranch, famous for the TV show "Dallas."

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