DSCR up to 8 units in Bremen, AL

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

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

Investment Opportunities in Bremen, AL

Benefits of DSCR Loan in Bremen, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Bremen, Alabama offers numerous benefits to potential borrowers. This type of loan is particularly advantageous for individuals looking to invest in real estate or start a business in the area. With a DSCR loan, borrowers can secure financing based on the income potential of the property being purchased, rather than personal credit scores.

Demographics

Bremen, Alabama, is a quaint town with a population of approximately 3,000 residents. The community is known for its close-knit atmosphere and friendly locals. The majority of residents in Bremen are families and retirees, creating a peaceful and family-friendly environment.

Housing Market

The housing market in Bremen, Alabama, is stable and offers a variety of options for potential buyers. Whether you are looking for a cozy single-family home or a spacious property with land, Bremen has something for everyone. The average home price in Bremen is affordable, making it an attractive location for first-time homebuyers and investors.

Main Attractions

Despite its small size, Bremen, Alabama, has several main attractions that draw visitors and residents alike. The town is surrounded by beautiful natural landscapes, perfect for outdoor enthusiasts. Additionally, Bremen is home to charming local shops, cozy cafes, and community events that showcase the town's unique culture.

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