DSCR up to 8 units in Brierfield, AL

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

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

Investment Opportunities in Brierfield, AL

Benefits of DSCR Loan in Brierfield, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer several benefits for borrowers in Brierfield, Alabama. They provide financing based on the property's income rather than the borrower's credit score, making them ideal for real estate investors. With competitive interest rates and longer loan terms, DSCR loans can help investors maximize their cash flow and expand their property portfolios.

Demographics

Brierfield, Alabama, is a small and charming town with a population of approximately 1,200 residents. The community is known for its tight-knit feel and welcoming atmosphere. The majority of residents are families and retirees, creating a peaceful and family-friendly environment.

Housing Market

The housing market in Brierfield, Alabama, offers a mix of historic homes and modern properties. The median home value is affordable, making it an attractive location for first-time homebuyers and investors. The market is stable, with steady appreciation rates and a low inventory of homes, providing opportunities for property investment.

Main Attractions

Brierfield is home to several main attractions, including Brierfield Ironworks Historical State Park, a site that showcases the history of the iron industry in Alabama. The town also offers outdoor recreational activities such as hiking and camping in the nearby Cahaba River National Wildlife Refuge, making it a haven for nature enthusiasts.

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