DSCR up to 8 units in Allgood, AL

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

Basic DSCR Loan Terms in Allgood, 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 Allgood, 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 Allgood, AL real estate investors have you covered.

Investment Opportunities in Allgood, AL

DSCR Loan Benefits in Allgood, Alabama

DSCR loans offer significant benefits to potential homebuyers in Allgood, Alabama. These loans help borrowers maintain a healthy debt-service coverage ratio, ensuring they can comfortably meet their mortgage obligations without financial strain.

Allgood, Alabama, is a charming rural town with a tight-knit community. The town has a population of approximately 585 residents, making it an ideal place for those seeking a peaceful and close community setting.

The housing market in Allgood presents a mix of affordable single-family homes and some vacant land for new construction. The median home value is around $115,000, making homeownership within reach for many buyers.

Main attractions in Allgood include the picturesque Rickwood Caverns State Park, offering camping, hiking, and cave tours. Additionally, the town hosts various local events and festivals that showcase the community spirit and traditions of Allgood.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now