DSCR up to 8 units in Collinsville, TX

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

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

Investment Opportunities in Collinsville, TX

Benefits of DSCR Loan in Collinsville, Texas

DSCR (Debt Service Coverage Ratio) loans provide numerous benefits for real estate investors in Collinsville, Texas. With a DSCR loan, investors can secure financing based on the property's income rather than personal finances, allowing for higher leverage and potential for greater returns on investment.

Demographics: Collinsville, Texas, is a charming small town with a population of around 1,600 residents. The community is tight-knit, with a mix of families and retirees enjoying the peaceful rural setting and strong sense of community.

Housing Market: The housing market in Collinsville offers opportunities for investors and homeowners alike. The median home price is affordable, making it an attractive location for first-time homebuyers. Additionally, the market is stable, with steady appreciation rates over the years.

Main Attractions: Collinsville boasts beautiful natural landscapes, including parks and recreational areas that are perfect for outdoor enthusiasts. The historic downtown area features shops, restaurants, and cultural attractions, providing residents and visitors with a quaint and welcoming atmosphere.

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