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DSCR loan in Kurten, 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 Kurten, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Kurten, 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 Kurten, TX real estate investors have you covered.
1. Real Estate Investment: DSCR loans are beneficial for real estate investors in Kurten, Texas as they provide financing based on the property's income potential rather than the borrower's credit score. 2. Lower Risk: These loans lower the risk for lenders as they ensure that the property's income will cover the mortgage payments, reducing the chances of default. 3. Flexibility: DSCR loans offer flexibility in terms of loan amounts and repayment options, making them suitable for various real estate projects in Kurten. Demographics Kurten, Texas, has a population of approximately 500 residents with a mix of families, young professionals, and retirees. The median household income is $60,000, and the majority of residents own their homes. Housing Market The housing market in Kurten, Texas, is characterized by a mix of single-family homes, townhouses, and ranch-style properties. The average home price is $250,000, with a steady appreciation rate of 3% annually. Main Attractions Kurten offers a peaceful rural setting with access to outdoor recreational activities such as hiking, fishing, and camping. The town also has a historic downtown area, local shops, and community events that attract both residents and visitors.
Benefits of DSCR Loan in Kurten, Texas
