Get Approved at The Lowest Rate
DSCR loan in Honey Grove, 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 Honey Grove, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Honey Grove, 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 Honey Grove, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Honey Grove, Texas. These types of loans are tailored to income-producing properties and are attractive due to their lower interest rates, longer loan terms, and higher borrowing limits compared to traditional loans. Honey Grove, Texas, with a population of approximately 1,700 residents, is a quaint and historic town known for its Victorian architecture and friendly community. The town's demographics highlight a mix of age groups, with a median household income above the national average. The housing market in Honey Grove presents a mix of historic homes, ranch-style properties, and new developments. The demand for housing is steady, offering various options for buyers, from charming single-family homes to spacious ranches. The market is competitive yet offers good value for investment. Main attractions in Honey Grove include the Sam Rayburn House Museum, preserving the legacy of the late Speaker of the House, and the picturesque Bonham State Park, ideal for outdoor activities like camping and fishing. The town's historic square is a hub for local shops and dining experiences.
DSCR Loan Benefits in Honey Grove, Texas
