DSCR up to 8 units in Cooper, TX

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

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

Investment Opportunities in Cooper, TX

Benefits of DSCR Loan in Cooper, Texas

Benefits of DSCR Loan:

A Debt Service Coverage Ratio (DSCR) loan in Cooper, Texas offers borrowers the advantage of a loan structure that considers the property's ability to generate income rather than just relying on personal income. This type of loan can be beneficial for real estate investors looking to invest in rental properties or commercial buildings.

Demographics:

Cooper, Texas, a small town with a population of approximately 2,000, offers a close-knit community feel. The town has a mix of both young families and retirees, creating a diverse and welcoming atmosphere.

Housing Market:

The housing market in Cooper, Texas is stable with a median home price of around $120,000. With affordable housing options available, both buyers and renters can find suitable residences within the town.

Main Attractions:

Cooper is home to several attractions, including the historic Cooper Lake State Park, offering opportunities for outdoor activities like camping, fishing, and hiking. The town also boasts charming local shops and restaurants, contributing to its unique appeal.

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