DSCR up to 8 units in Coolidge, TX

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

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

Investment Opportunities in Coolidge, TX

Benefits of a DSCR Loan in Coolidge, Texas

DSCR (Debt Service Coverage Ratio) loans offer significant benefits to borrowers in Coolidge, Texas. These loans provide a flexible and cost-effective financing solution for real estate investments. Borrowers can access funds based on the income-generating potential of the property rather than personal income or credit score.

Demographics: Coolidge, Texas, is a small town with a population of approximately 860 residents. The town has a close-knit community, with a mix of families, retirees, and young professionals. The median household income is $35,000, and the cost of living is lower compared to urban areas.

Housing Market: The housing market in Coolidge offers affordable options for homebuyers. The median home price is around $80,000, making homeownership accessible to many residents. DSCR loans can help buyers secure financing for purchasing or renovating properties, boosting the local real estate market.

Main Attractions: While small, Coolidge has its charms. Residents enjoy the scenic views of the surrounding countryside and outdoor recreational activities like fishing and hiking. The town also boasts historical sites and local diners that offer a taste of authentic Texan cuisine.

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