DSCR up to 8 units in Keene, TX

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

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

Investment Opportunities in Keene, TX

Benefits of DSCR Loans in Keene, Texas

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits to individuals and businesses in Keene, Texas. One of the primary advantages is that they are ideal for borrowers with fluctuating income streams as they focus on the property's ability to generate income to cover the debt payments. DSCR loans are also beneficial for real estate investors looking to finance multiple properties, as they evaluate the property's income potential rather than the borrower's personal income.

Demographics: Keene, Texas, has a diverse population with a strong sense of community. The town is known for its low crime rates and excellent public schools, making it an attractive location for families and professionals. The median age in Keene is 27.2 years, with a median household income of $51,964.

Housing Market: The housing market in Keene, Texas, offers a mix of single-family homes, apartments, and rental properties. The median home value in Keene is $155,163, making it an affordable option for both buyers and renters. The market is stable, with a steady demand for housing due to the town's proximity to major cities and employment opportunities.

Main Attractions: Keene, Texas, boasts a range of attractions for residents and visitors alike. From the charming downtown area with local shops and restaurants to the nearby hiking trails and parks, there is something for everyone to enjoy in Keene. The town also hosts community events throughout the year, fostering a strong sense of belonging among its residents.

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