DSCR up to 8 units in Alexandria, AL

DSCR loan in Alexandria, AL 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 Alexandria, AL, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Alexandria, AL

  • 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 Alexandria, AL 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 Alexandria, AL real estate investors have you covered.

Investment Opportunities in Alexandria, AL

Benefits of a DSCR Loan in Alexandria, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several advantages for individuals in Alexandria, Alabama. These loans provide a more flexible option for financing, allowing for higher loan amounts and lower interest rates compared to traditional loans.

Demographically, Alexandria, Alabama, is a diverse and vibrant community with a population that values education, culture, and community engagement. The town boasts a mix of residents from different backgrounds, creating a rich tapestry of experiences and perspectives.

In terms of the housing market, Alexandria, Alabama, offers a range of options for potential homebuyers. The market is competitive yet affordable, with a variety of housing styles from historic homes to modern developments, catering to different preferences and budgets.

Some of the main attractions in Alexandria, Alabama, include the picturesque Oak Mountain State Park, known for its hiking trails and scenic views, as well as the vibrant local arts scene and cultural events that bring the community together.

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