DSCR up to 8 units in Boaz, AL

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

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

Investment Opportunities in Boaz, AL

Benefits of DSCR Loan in Boaz, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Boaz, Alabama. In essence, these loans help investors secure financing for income-producing properties by analyzing the property's cash flow rather than the borrower's credit score.

Boaz, Alabama, home to approximately 10,000 residents, boasts a diverse demographic profile. The population comprises a mix of families, professionals, and retirees, creating a vibrant and welcoming community.

The housing market in Boaz presents a range of opportunities for investors and homeowners alike. With steady appreciation rates and affordable property prices, it's an attractive location for those looking to invest in real estate or find their dream home.

When visiting Boaz, be sure to explore its main attractions. From the picturesque Snead State Community College to the bustling Boaz Outlet Mall, there's something for everyone. Don't miss the annual Boaz Harvest Festival, a celebration of the town's rich culture and heritage.

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