DSCR up to 8 units in Kerrick, TX

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

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

Investment Opportunities in Kerrick, TX

Benefits of DSCR Loan in Kerrick, Texas

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits to borrowers in Kerrick, Texas. These loans provide a great opportunity for investors and property owners to secure financing for income-generating properties. With competitive interest rates and flexible terms, DSCR loans help in maximizing cash flow and increasing investment returns.

Demographics

Kerrick, Texas, is a small but vibrant town with a population of approximately 500 residents. The community is tight-knit, and the town is known for its friendly atmosphere and welcoming environment. The demographics of Kerrick represent a mix of families, retirees, and young professionals looking for a peaceful place to call home.

Housing Market

The housing market in Kerrick, Texas, offers a range of options for buyers and investors. With a variety of single-family homes, condos, and rental properties available, there is something for everyone in Kerrick. The market is stable, with moderate price appreciation, making it an attractive location for both first-time homebuyers and seasoned investors.

Main Attractions

While Kerrick may be a small town, it boasts some exciting attractions for residents and visitors. The town's proximity to nature offers outdoor enthusiasts opportunities for hiking, fishing, and camping. Additionally, Kerrick is home to charming local shops, restaurants, and community events that reflect the town's unique character and charm.

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