DSCR up to 8 units in Crane, TX

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

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

Investment Opportunities in Crane, TX

Benefits of DSCR Loans in Crane, Texas

DSCR loans in Crane, Texas offer a range of benefits for borrowers. These loans are specifically designed for income-producing properties such as rental apartments, commercial buildings, and industrial complexes. One of the main advantages is the flexibility in the debt-service coverage ratio, which allows borrowers to secure financing even with lower credit scores or higher-risk investments.

Moreover, DSCR loans typically have longer loan terms and lower interest rates compared to traditional mortgages, making them a cost-effective option for property investors. The loan structure also allows for higher loan amounts, enabling borrowers to fund larger projects and expand their real estate portfolios with ease.

Additionally, DSCR loans provide a cushion against unexpected financial challenges, as the property's income potential is the primary factor considered during the approval process. This can offer peace of mind to borrowers knowing that their investment is protected even in times of economic uncertainty or market fluctuations.

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