DSCR up to 8 units in Bellwood, AL

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

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

Investment Opportunities in Bellwood, AL

DSCR Loan Benefits in Bellwood, Alabama

Benefits of DSCR Loan:

A Debt-Service Coverage Ratio (DSCR) loan provides a more secure financial option for borrowers, especially real estate investors. This type of loan ensures that the property's rental income covers the mortgage payments, reducing the risk for lenders and borrowers alike.

Demographics:

Bellwood, Alabama, with its population of around 5,000 residents, offers a tight-knit community feel. The town has a diverse demographic mix, including families, young professionals, and retirees, creating a vibrant and welcoming atmosphere.

Housing Market:

The housing market in Bellwood is characterized by stable property values and a range of housing options, from historic homes to modern developments. With the help of DSCR loans, both buyers and investors can seize opportunities in this growing market.

Main Attractions:

Bellwood boasts of scenic parks, such as Oak Hollow Park and Riverside Gardens, offering residents and visitors beautiful outdoor spaces for relaxation and recreation. Additionally, the town hosts annual events like the Bellwood Art Festival, showcasing local talent and creativity.

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