DSCR up to 8 units in Kress, TX

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

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

Investment Opportunities in Kress, TX

Benefits of DSCR Loan in Kress, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits in Kress, Texas. These loans are ideal for property investors looking to finance income-producing properties. One major advantage is that they consider the property's income to determine the borrower's eligibility, allowing for a more flexible approval process compared to traditional loans.

Demographically, Kress, Texas, is a small yet vibrant community with a population that values a close-knit environment. The town has a rich agricultural history, with a diverse population that contributes to its welcoming atmosphere. Residents enjoy a strong community spirit and opportunities to engage in local events and activities.

The housing market in Kress presents a promising outlook for real estate investors. With the steady growth of property values and the demand for rental properties, investing in Kress's housing market can offer attractive returns. Additionally, the affordability of homes in Kress compared to neighboring areas makes it an appealing choice for both investors and homebuyers.

Some main attractions in Kress, Texas, include its historic downtown area, showcasing unique architecture and local businesses. The town is also known for its outdoor recreational opportunities, such as parks and trails that offer residents a chance to enjoy nature and stay active. Cultural events and festivals further enrich the community, providing entertainment for all ages.

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