DSCR up to 8 units in Calvert, AL

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

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

Investment Opportunities in Calvert, AL

Benefits of DSCR Loan in Calvert, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Calvert, Alabama offers several benefits to borrowers. It provides a stable source of financing for real estate investments, particularly for commercial properties. The DSCR loan helps investors by ensuring they have sufficient income to cover their loan payments, reducing the risk of default.

Demographics in Calvert, Alabama show a growing population with a median age of 35. The town has a strong community spirit and a diverse population, making it an attractive place for families and young professionals alike. The median household income is above the national average, indicating a stable economy and potential for growth.

The housing market in Calvert, Alabama is thriving, with a range of housing options available to suit different needs and budgets. The market offers opportunities for both buyers and sellers, with competitive prices and a steady increase in property values. DSCR loans have become increasingly popular in Calvert due to the favorable market conditions.

Main attractions in Calvert, Alabama include the beautiful Calvert Historic District, known for its well-preserved antebellum homes and charming shops. Nature enthusiasts can explore the nearby Mobile-Tensaw Delta, a biodiverse wilderness perfect for hiking and wildlife watching. The town also hosts annual festivals celebrating its rich cultural heritage.

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