DSCR up to 8 units in Axis, AL

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

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

Investment Opportunities in Axis, AL

Benefits of DSCR Loan in Axis, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Axis, Alabama. These loans provide favorable terms and rates based on the property's income potential rather than the borrower's credit score, making them accessible to a wider range of investors.

Demographically, Axis is a diverse town with a mix of age groups and occupations. The population is made up of families, young professionals, and retirees, creating a vibrant community. The town's proximity to major cities like Mobile makes it an attractive location for those seeking a balance between urban convenience and suburban peace.

In terms of the housing market, Axis offers a range of options from single-family homes to apartments and townhouses. The market is stable, with steady appreciation rates, making it an attractive destination for both homeowners and investors. With the help of DSCR loans, investors can leverage their properties to generate passive income.

Main attractions in Axis include the picturesque Axis Memorial Park, perfect for outdoor activities and picnics. The town also boasts a rich history, with several historical sites and landmarks that attract visitors and residents alike. Additionally, Axis is known for its friendly community atmosphere and local events that bring people together.

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