DSCR up to 8 units in Bellamy, AL

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

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

Investment Opportunities in Bellamy, AL

Benefits of DSCR Loan in Bellamy, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Bellamy, Alabama. These loans are ideal for real estate investments as they help assess the property's ability to generate cash flow to cover debt obligations.

Demographics: Located in Sumter County, Bellamy has a small population with a rich cultural history. The community is known for its southern hospitality, with a mix of diverse backgrounds contributing to its unique identity.

Housing Market: Bellamy's housing market is favorable for both buyers and sellers. With the assistance of a DSCR loan, individuals can invest in residential properties or opt for rental investments, taking advantage of the area's appreciation rates.

Main Attractions: Bellamy boasts attractions such as the Sumter County Courthouse, offering a glimpse into local history, and outdoor activities like Lake LU sporting events. The town's charm lies in its serene surroundings and community events that bring residents together.

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