DSCR up to 8 units in Bon Air, AL

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

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

Investment Opportunities in Bon Air, AL

Benefits of DSCR Loan in Bon Air, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for borrowers in Bon Air, Alabama. These loans provide flexible repayment options, lower interest rates, and are ideal for borrowers with limited income documentation.

Demographics in Bon Air reflect a small, tight-knit community with a population that values the peace and quiet of suburban living. The population consists mostly of families and retirees looking for a tranquil environment.

The housing market in Bon Air offers a mix of charming single-family homes and spacious apartments. With the increasing demand for property in the area, home prices have remained stable, making it an attractive location for both buyers and investors.

Main attractions in Bon Air include the scenic Bon Air Park, perfect for outdoor activities and picnics. Additionally, residents can enjoy the historic downtown area with its quaint shops and local eateries, offering a unique charm that sets Bon Air apart.

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