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DSCR loan in Kerens, 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 Kerens, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Kerens, 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 Kerens, TX real estate investors have you covered.
DSCR loans in Kerens, Texas provide investors with a reliable way to finance income-producing properties. One of the key benefits is the focus on property income rather than personal income, making it easier for investors to qualify for loans based on the property's ability to generate cash flow. Demographically, Kerens, Texas, is a charming small town with a population of around 1,600 residents. The community is close-knit, with a mix of families and retirees. The median household income is slightly below the national average, offering affordable living options to residents. In terms of the housing market, Kerens boasts a diverse range of property types, including single-family homes, ranch-style properties, and spacious lots for new construction. The market is stable, with steady appreciation rates and affordable housing options for both buyers and renters. Some of the main attractions in Kerens include the Richland Chambers Reservoir, a popular spot for fishing and boating enthusiasts. The town also hosts annual festivals celebrating local heritage and culture, drawing visitors from neighboring areas to experience the community's unique charm.
Benefits of DSCR Loans in Kerens, Texas