DSCR up to 8 units in Auburn University, AL

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

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

Investment Opportunities in Auburn University, AL

Benefits of DSCR Loan in Auburn, Alabama

DSCR loans in Auburn provide borrowers with a lower risk profile as the property's income is the primary source of repayment. This type of loan is beneficial for investors looking to finance income-generating properties without relying solely on personal income or credit.

The vibrant city of Auburn, Alabama, is home to a diverse population that includes students, families, and professionals. With Auburn University at its core, the city has a strong educational presence, contributing to a dynamic and innovative community.

In terms of the housing market, Auburn offers a mix of residential options ranging from historic homes in charming neighborhoods to modern apartment complexes. The market is known for its stability and growth, making it an attractive location for real estate investments.

When it comes to attractions, Auburn boasts beautiful parks, a bustling downtown area with shops and restaurants, and a rich sports culture centered around Auburn University's renowned football team. The city's cultural events and outdoor recreation opportunities add to its appeal as a vibrant and welcoming community.

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