DSCR up to 8 units in Anderson, AL

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

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

Investment Opportunities in Anderson, AL

Benefits of a DSCR Loan in Anderson, Alabama

A Debt-Service Coverage Ratio (DSCR) loan in Anderson, Alabama offers several advantages. Firstly, it provides a flexible financing option for real estate investors by considering the property's income to cover the loan payments.

Demographically, Anderson is a picturesque town with a population of approximately 2,500 residents. The town boasts a tight-knit community with a low crime rate, making it an ideal place for families and retirees.

When it comes to the housing market, Anderson offers a range of affordable housing options, from cozy single-family homes to spacious apartments. The market is stable with steady appreciation rates, making it a promising investment opportunity.

Main attractions in Anderson include the beautiful Anderson Park, perfect for outdoor activities and picnics. Additionally, the town is known for its historic downtown area filled with charming shops and restaurants, providing a unique blend of small-town charm and modern conveniences.

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