DSCR up to 8 units in Corrigan, TX

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

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

Investment Opportunities in Corrigan, TX

Benefits of DSCR Loan in Corrigan, Texas

DSCR loans are advantageous due to their focus on the property's income rather than the borrower's credit score. This makes it easier for real estate investors in Corrigan to secure financing for rental properties or commercial buildings.

Demographics in Corrigan, Texas, reveal a small town with a population of around 1,600 residents. The community is tight-knit, with a median household income above the state average, creating a stable economic environment for property investments.

The housing market in Corrigan is characterized by affordable property prices compared to larger cities in Texas. This makes it an attractive location for investors looking to enter the real estate market or expand their property portfolio.

Main attractions in Corrigan include the Davy Crockett National Forest, offering outdoor recreational activities like hiking and camping. Additionally, the Texas Forestry Museum provides insights into the region's rich forestry history, attracting tourists and locals alike.

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