DSCR up to 8 units in Attalla, AL

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

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

Investment Opportunities in Attalla, AL

Benefits of DSCR Loan in Attalla, Alabama

DSCR loans in Attalla, Alabama offer numerous benefits such as lower interest rates, longer repayment terms, and increased purchasing power for real estate investments. These loans are especially advantageous for investors as they help in securing financing for income-producing properties while maintaining healthy cash flow.

Attalla, Alabama has a diverse population with a mix of families, young professionals, and retirees. The city boasts a rich cultural heritage and a welcoming community. Its strategic location provides easy access to major highways and close proximity to urban amenities, making it an ideal place to live and invest in real estate.

The housing market in Attalla, Alabama is vibrant with a range of housing options including single-family homes, apartments, and townhouses. The market is affordable compared to neighboring areas, making it a desirable location for first-time homebuyers and investors. With steady appreciation rates, buying property in Attalla is a sound investment.

Main attractions in Attalla, Alabama include the beautiful Noccalula Falls Park, which offers hiking trails and scenic views. The city also hosts annual events such as the Attalla Heritage Day and the Wills Creek Vineyards Harvest Festival, showcasing the local culture and heritage. Residents and visitors can enjoy outdoor activities, shopping, and dining in the charming downtown area.

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