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DSCR loan in Spurger, 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 Spurger, TX, and many other cities throughout Texas and the US.
Buy-and-hold investors in Spurger, 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 Spurger, TX real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer borrowers in Spurger, Texas, the advantage of lower down payments and extended loan terms. This type of loan considers the property's ability to generate income, allowing for financing based on the property's cash flow rather than the borrower's income or credit score. Spurger, Texas, is a small, tight-knit community with a population of around 500 residents. The town boasts a rural setting with a friendly atmosphere, making it an ideal place for families looking for a peaceful and safe environment to live in. The housing market in Spurger, Texas, offers affordable options for homebuyers, with a mix of single-family homes and larger properties available. The median home price in Spurger is below the national average, making it an attractive location for those looking to invest in real estate or purchase their first home. Main attractions in Spurger include the beautiful scenic views of the surrounding countryside, access to outdoor recreational activities like hiking and fishing, and a close-knit community that organizes events and gatherings throughout the year, fostering a strong sense of belonging and unity among residents.
Benefits of a DSCR Loan in Spurger, Texas
