DSCR up to 8 units in Arab, AL

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

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

Investment Opportunities in Arab, AL

Exploring DSCR Loans in Arab, Alabama

Benefits of a DSCR Loan: DSCR loans, or Debt Service Coverage Ratio loans, provide real estate investors in Arab, Alabama with financial leverage by assessing the property's ability to generate income to cover operating costs and debt payments. This type of loan offers investors stability and security in their investments.

Demographics: Arab, Alabama, located in Marshall County, has a population of around 8,300 residents. The town boasts a close-knit community feel with strong family values and a low crime rate, making it an ideal place for families and retirees.

Housing Market: Arab's housing market offers a mix of single-family homes and rental properties. With a median home value below the national average, it presents affordable housing options for both buyers and renters, attracting those looking for a peaceful suburban lifestyle.

Main Attractions: Arab is known for its scenic beauty, offering outdoor enthusiasts opportunities for hiking, fishing, and camping at nearby spots like Lake Guntersville State Park. The town also hosts the annual Poke Salat Festival, celebrating its rich cultural heritage.

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