DSCR up to 8 units in Brundidge, AL

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

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

Investment Opportunities in Brundidge, AL

DSCR Loan Benefits in Brundidge, Alabama

Benefits of DSCR Loan:

A Debt Service Coverage Ratio (DSCR) loan in Brundidge, Alabama, offers borrowers the advantage of using the property itself as collateral, which can lead to lower interest rates compared to unsecured loans.

Demographics:

Brundidge, Alabama, has a population of approximately 2,000 residents. It is a tight-knit community with a mix of age groups, and the town celebrates its rich history through various cultural events.

Housing Market:

The housing market in Brundidge, Alabama, offers affordable options for both buyers and renters. The median home value is around $110,000, making it an attractive location for first-time homebuyers or those looking to invest in rental properties.

Main Attractions:

Brundidge is known for its historic downtown area, filled with charming shops and eateries. The city also boasts outdoor recreational opportunities, including parks and nature trails, making it an ideal place for those who enjoy the outdoors.

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