DSCR up to 8 units in Annemanie, AL

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

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

Investment Opportunities in Annemanie, AL

Benefits of DSCR Loans in Annemanie, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to individuals and businesses in Annemanie, Alabama. These loans are ideal for real estate investments as they take into account the property's income potential rather than relying solely on the borrower's credit score.

Demographically, Annemanie is a small, close-knit community with a population that values community involvement and support. The area boasts a diverse population, with a mix of age groups and ethnicities, creating a rich tapestry of cultures.

The housing market in Annemanie is currently stable, with a variety of properties available for purchase or investment. DSCR loans provide flexibility in financing options, allowing individuals to secure funding for both residential and commercial properties in the area.

Some of the main attractions in Annemanie include the beautiful Oak Grove Baptist Church, known for its historical significance and stunning architecture. Additionally, the nearby Millers Ferry Campground offers outdoor enthusiasts the perfect opportunity for recreational activities.

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