DSCR up to 8 units in Kilgore, TX

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

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

Investment Opportunities in Kilgore, TX

DSCR Loan Benefits in Kilgore, Texas

A Debt Service Coverage Ratio (DSCR) loan in Kilgore, Texas offers numerous benefits to borrowers. One key advantage is the lower risk associated with this type of financing, as it ensures that borrowers have sufficient income to cover their debt obligations, reducing the likelihood of default.

Furthermore, DSCR loans often come with competitive interest rates and terms, making them an attractive option for both first-time homebuyers and seasoned investors in the Kilgore area. Additionally, these loans can help borrowers increase their purchasing power, allowing them to acquire properties that may have been out of reach with traditional financing.

Kilgore, Texas, has a diverse demographic makeup, with a population that includes young professionals, families, and retirees. The city's housing market is stable, with a range of options available to suit various budgets and preferences. Home prices in Kilgore have experienced steady growth in recent years, making it an attractive location for real estate investment.

Some of Kilgore's main attractions include the East Texas Oil Museum, which showcases the region's oil industry history, and the Kilgore College Rangerette Showcase and Museum, highlighting the famous Rangerettes dance team. Additionally, outdoor enthusiasts can enjoy the beautiful parks and recreational areas in and around Kilgore.

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