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DSCR loan in Franklin, 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 Franklin, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Franklin, 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 Franklin, TX real estate investors have you covered.
A Debt Service Coverage Ratio (DSCR) loan in Franklin, Texas offers numerous advantages. Firstly, it provides flexible repayment terms, making it easier for borrowers to manage their finances. Secondly, DSCR loans often come with lower interest rates compared to traditional loans, resulting in cost savings for the borrower. Finally, DSCR loans require less stringent credit requirements, making them more accessible to a wider range of borrowers. Demographics Franklin, Texas, is a charming small town with a population of approximately 1,600 residents. The town boasts a diverse community with a mix of families, young professionals, and retirees. The median household income in Franklin is above the national average, reflecting a stable and prosperous community. Housing Market The housing market in Franklin, Texas, is vibrant and offers a range of options for homebuyers. From historic homes with character to modern developments, there is something for everyone in Franklin. The median home price is competitive, making Franklin an attractive location for first-time homebuyers and investors alike. Main Attractions Franklin, Texas, is rich in history and culture. Visitors can explore the Robertson County Courthouse, a stunning architectural gem, or enjoy outdoor activities at Lake Franklin. The town also hosts annual events such as the Franklin Rodeo, attracting visitors from far and wide.
Benefits of DSCR Loan in Franklin, Texas
