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DSCR loan in Crosby, 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 Crosby, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Crosby, 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 Crosby, TX real estate investors have you covered.
DSCR loans in Crosby, Texas offer numerous benefits to borrowers. The Debt Service Coverage Ratio (DSCR) ensures that borrowers have the ability to cover their loan payments comfortably, lowering the risk for both lenders and borrowers. This type of loan is especially advantageous for real estate investors looking to finance income-generating properties. Crosby, Texas, with a population of approximately 3,700 people, is a vibrant community located northeast of Houston. The town boasts a diverse demographic mix, including families, young professionals, and retirees. The median household income in Crosby is $65,000, making it an attractive location for those seeking affordable living with access to urban amenities. The housing market in Crosby is characterized by a mix of single-family homes, apartments, and townhouses. The median home price in Crosby is around $200,000, making it an affordable option for first-time homebuyers and investors. With a growing demand for housing in the area, property values are expected to appreciate in the coming years, offering potential for a solid return on investment. Some of the main attractions in Crosby include the Newport Golf Club, where residents can enjoy a round of golf in a scenic setting. Nature enthusiasts can explore the nearby Lake Houston Wilderness Park, offering hiking trails and camping opportunities. Additionally, the town hosts various community events and festivals throughout the year, providing entertainment for all ages.
Benefits of DSCR Loan in Crosby, Texas
