DSCR up to 8 units in Ashland, AL

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

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

Investment Opportunities in Ashland, AL

Benefits of DSCR Loan in Ashland, Alabama

DSCR loans in Ashland, Alabama offer numerous benefits for potential homeowners. These loans are ideal for individuals with varying income sources as they consider the property's ability to generate income, making approval easier for self-employed individuals and property investors.

Moreover, DSCR loans often feature competitive interest rates and flexible repayment terms, allowing borrowers to manage their finances effectively while investing in property in Ashland. Additionally, these loans are suitable for commercial properties, providing opportunities for business owners looking to expand or relocate.

Demographically, Ashland, Alabama, has a population of approximately 2,000 residents. The town boasts a close-knit community atmosphere, making it an ideal place for families and individuals seeking a peaceful and friendly environment to call home.

In terms of the housing market, Ashland offers a diverse range of property options, including single-family homes, townhouses, and rural properties. The market is stable, with moderate appreciation rates, making it a favorable location for both first-time homebuyers and experienced investors.

Some of the main attractions in Ashland include the Cheaha State Park, Talladega National Forest, and the Ashland Historic Town Square. These attractions provide residents with opportunities for outdoor recreation, hiking, and exploring the town's rich history and culture.

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