DSCR up to 8 units in Bridgeport, AL

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

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

Investment Opportunities in Bridgeport, AL

Benefits of DSCR Loan in Bridgeport, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for individuals in Bridgeport, Alabama. This type of loan is particularly advantageous for real estate investors as it allows them to secure financing based on the income generated by the property itself, rather than personal income.

Demographically, Bridgeport is a charming town with a population of around 2,400 people. Known for its close-knit community and friendly atmosphere, Bridgeport attracts both young professionals and families looking for a peaceful place to call home.

In terms of the housing market, Bridgeport offers a mix of historic homes and modern properties, providing a range of options for potential buyers. The market is currently experiencing steady growth, making it an attractive location for real estate investments.

Some of the main attractions in Bridgeport include the picturesque Bridgeport Lake, which offers opportunities for fishing and boating, as well as the historic Depot Museum, showcasing the town's rich history. Additionally, outdoor enthusiasts can enjoy hiking and camping in the nearby Pisgah National Forest.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now