DSCR up to 8 units in Bay Minette, AL

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

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

Investment Opportunities in Bay Minette, AL

Benefits of DSCR Loan in Bay Minette, Alabama

DSCR loans, also known as Debt-Service Coverage Ratio loans, offer numerous benefits to potential borrowers in Bay Minette, Alabama. These loans ensure that borrowers have sufficient cash flow to cover their debt obligations, reducing the risk of default and providing financial stability.

Demographics in Bay Minette, Alabama, show a diverse and growing community. With a population that includes a mix of ages and backgrounds, the town offers opportunities for businesses and residents alike. The median household income is above the national average.

The housing market in Bay Minette is robust, with a range of options available for buyers. From single-family homes to apartments and condominiums, there is something for everyone. The market is stable, offering potential buyers a solid investment opportunity.

Bay Minette boasts several main attractions that draw visitors and residents alike. The Bay Minette Recreation Complex offers outdoor activities for all ages, while the Baldwin County Strawberry Festival celebrates local agriculture. The historic downtown area is charming and vibrant.

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