DSCR up to 8 units in Gruver, TX

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

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

Investment Opportunities in Gruver, TX

Benefits of DSCR Loan in Gruver, Texas

DSCR loans in Gruver, Texas offer numerous benefits to potential borrowers. One of the key advantages is that these loans evaluate the property's cash flow rather than the borrower's credit score, making them more accessible to individuals with limited credit history or lower scores. This can be particularly beneficial for first-time homebuyers or real estate investors looking to expand their portfolios.

Gruver, Texas, is a picturesque town located in the northern part of the state. With a population of approximately 1,200 residents, Gruver boasts a tight-knit community feel and a welcoming atmosphere. The town offers a range of amenities, including local shops, restaurants, and recreational facilities, making it an ideal place for families and individuals looking for a peaceful yet vibrant living environment.

The housing market in Gruver is characterized by a mix of traditional single-family homes, ranch-style properties, and charming cottages. The market is relatively stable, with moderate appreciation rates and a diverse range of housing options to suit various budgets and preferences. Additionally, the availability of DSCR loans provides prospective buyers with flexible financing options, further enhancing the accessibility of homeownership in Gruver.

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