DSCR up to 8 units in Boligee, AL

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

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

Investment Opportunities in Boligee, AL

Benefits of DSCR Loans in Boligee, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for borrowers in Boligee, Alabama. These loans are ideal for real estate investors as they focus on the property's income potential rather than the borrower's credit score, making them more accessible for those with fluctuating incomes or lower credit scores.

Demographically, Boligee is a small town in Greene County, Alabama, with a population that cherishes its close-knit community feel. The town has a rich history and diverse culture, offering residents a unique blend of Southern charm and hospitality.

In terms of the housing market, Boligee presents affordable real estate options perfect for first-time homebuyers or property investors. The market is stable, with a variety of housing styles to choose from, ranging from historic homes to modern constructions.

Main attractions in Boligee include the stunning Forkland Park, a popular spot for outdoor activities and picnics. The town also hosts the annual Boligee Harvest Festival, showcasing local artisans, musicians, and food vendors, drawing visitors from near and far.

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