DSCR Up To 8 Units Krum, TX

DSCR up to 8 units in Krum, TX

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

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

Benefits of DSCR Loans in Krum, Texas

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Krum, Texas. These loans are particularly advantageous for investors looking to finance income-producing properties. Some benefits include competitive interest rates, flexible repayment terms, and higher loan amounts based on property income.

Demographics

Krum, Texas, is a charming small town located in Denton County. With a population of approximately 5,000 residents, Krum offers a close-knit community feel. The town has a mix of young families and retirees, creating a diverse and welcoming atmosphere.

Housing Market

The housing market in Krum is experiencing steady growth, making it an attractive location for real estate investment. The median home price in Krum is affordable compared to nearby urban areas, making it an ideal choice for first-time homebuyers or investors looking for rental properties.

Main Attractions

Krum offers a range of attractions for residents and visitors alike. The town is known for its local festivals, parks, and outdoor recreational activities. The proximity to Denton and Dallas provides easy access to cultural events, dining, and entertainment options.