DSCR up to 8 units in Sanger, TX

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

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

Investment Opportunities in Sanger, TX

Benefits of DSCR Loan in Sanger, Texas

1. Financial Stability: A Debt-Service Coverage Ratio (DSCR) loan in Sanger, Texas provides borrowers with the financial stability needed to ensure consistent repayment without compromising their other financial obligations.

2. Lower Risk: With a DSCR loan, lenders have a clearer picture of the borrower's ability to make monthly payments, reducing the risk for both parties involved in the transaction.

3. Flexibility: DSCR loans offer more flexibility in terms of approval criteria and loan terms, making them a viable option for a wide range of borrowers, including those with non-traditional income sources.

Demographics

Sanger, Texas, with a population of approximately 8,000 residents, is a diverse community with a mix of families, professionals, and retirees. The town boasts a strong sense of community pride and a low crime rate, making it an attractive place to live.

Housing Market

The housing market in Sanger offers a variety of options, from historic homes to new developments. The median home price is below the national average, making it an affordable option for first-time buyers and families looking to upgrade.

Main Attractions

Situated in Denton County, Sanger, Texas, is known for its small-town charm and proximity to urban amenities. Visitors and residents alike can enjoy outdoor activities at Clear Creek Natural Heritage Center or explore local history at the Old Town Sanger Museum.

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