DSCR up to 8 units in Bon Secour, AL

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

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

Investment Opportunities in Bon Secour, AL

Benefits of DSCR Loan in Bon Secour, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer substantial benefits to borrowers in Bon Secour, Alabama. These loans are ideal for real estate investors seeking financing for income-producing properties. The primary advantage is that the loan is evaluated based on the property's cash flow potential rather than the borrower's personal income.

Demographically, Bon Secour is a charming community located in Baldwin County, Alabama, with a population of approximately X,XXX residents. The area boasts a rich history and a diverse population, creating a vibrant and welcoming environment for residents and visitors alike.

The housing market in Bon Secour is thriving, with a range of properties available to suit different needs and budgets. The median home price in the area is $XXX,XXX, offering affordable options for first-time buyers as well as luxurious estates for those seeking upscale living.

Some main attractions in Bon Secour include its beautiful beaches, such as Bon Secour National Wildlife Refuge, a haven for nature lovers and outdoor enthusiasts. Additionally, the area is known for its delicious seafood restaurants, providing residents with a taste of local culinary delights.

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