Recently Funded DSCR Loan In Abilene, Texas

Loan Scenario:

American Heritage Lending closed a $209,600 DSCR purchase loan for an experienced investor acquiring a single-family detached rental in Abilene, Texas. The property appraised at $262,000, putting the financing at 80% loan-to-value, and the deal penciled at a 1.127 debt-service coverage ratio on a 30-Year term. For a borrower already holding an investment property, it was a clean addition to a growing West Texas rental portfolio.

Because this is a DSCR loan, qualification rested on the property’s projected rental income rather than the borrower’s personal income or tax returns. With coverage above breakeven, the home carries its own debt service with cushion to spare, and the buy-and-hold strategy here is straightforward: acquire a solid single-family rental in a steady market and let a long-term tenant cover the note while the borrower builds equity.

Abilene sits at the heart of the Texas Big Country, an economy anchored by Dyess Air Force Base and a cluster of private universities that includes Abilene Christian, Hardin-Simmons, and McMurry. Military families, students, faculty, and a workforce tied to agriculture, energy, and healthcare keep rental demand consistent year-round. Housing remains genuinely affordable compared with the Dallas-Fort Worth Metroplex a few hours east, which continues to draw households priced out of the bigger metros. That combination of stable employers and reasonable entry prices is exactly what makes a market like this attractive to hold.

Another Texas rental financed on its own merits, funded and closed without the income-documentation grind.

Similar Recently Funded Case Studies: DSCR Loan in Killeen, TX  •  DSCR Loan in Spring, TX  •  DSCR Loan in Houston, TX

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