DSCR up to 8 units in Kemp, TX

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

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

Investment Opportunities in Kemp, TX

DSCR Loans in Kemp, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for borrowers in Kemp, Texas. These loans provide a more accurate picture of an individual's ability to repay debt by taking into account the property's income. This can result in larger loan amounts and better terms for borrowers.

Demographics: Kemp, Texas, is a charming rural town with a population of approximately 1,100 residents. The community is tight-knit and offers a peaceful way of life, making it an ideal place for those seeking a slower pace away from the hustle and bustle of the city.

Housing Market: The housing market in Kemp, Texas, is stable with a variety of housing options available, including single-family homes, ranch-style properties, and spacious lots for those looking to build their dream home. The affordability of homes in Kemp makes it an attractive location for first-time homebuyers and those looking to invest in real estate.

Main Attractions: Kemp offers a range of recreational activities for residents and visitors alike. From fishing and boating on Cedar Creek Lake to exploring the scenic beauty of nearby state parks, there is no shortage of things to do in and around Kemp, making it a great place to call home.

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