Get Approved at The Lowest Rate
DSCR loan in Athens, 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 Athens, AL, and many other cities throughout Texas and the US.
Buy-and-hold investors in Athens, 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 Athens, AL real estate investors have you covered.
DSCR loans, also known as Debt-Service Coverage Ratio loans, offer several advantages for borrowers in Athens, Alabama. These loans are ideal for real estate investors as they rely on the property's income to determine loan eligibility rather than the borrower's credit score. This can make it easier for investors to secure financing for rental properties or commercial buildings. Athens, Alabama, boasts a diverse demographic with a mix of young professionals, families, and retirees. The cost of living is relatively low compared to other cities in the state, making it an attractive location for those looking to invest in real estate. The city's strong job market and quality schools also contribute to its appeal. The housing market in Athens, Alabama, is thriving, with a range of affordable options for both buyers and renters. The city offers a mix of historic homes and modern developments, providing something for everyone. With steady appreciation rates and low vacancy rates, investing in the Athens housing market can be a lucrative opportunity. Some of the main attractions in Athens include the historic Athens State University, the picturesque Big Spring Park, and the vibrant downtown area with its shops and restaurants. Outdoor enthusiasts will appreciate the proximity to Wheeler National Wildlife Refuge and the opportunities for hiking, fishing, and boating in the area.
DSCR Loan Benefits in Athens, Alabama