DSCR up to 8 units in Carrollton, AL

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

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

Investment Opportunities in Carrollton, AL

Benefits of DSCR Loan in Carrollton, Alabama

Benefits of DSCR Loan:

A Debt Service Coverage Ratio (DSCR) loan in Carrollton, Alabama offers borrowers the benefit of being able to finance income-generating properties without solely relying on personal income for approval.

Demographics:

Carrollton, Alabama is a small town with a population of approximately 1,013 residents. The community has a diverse demographic with a mix of families, retirees, and young professionals.

Housing Market:

The housing market in Carrollton is favorable for buyers, with median home prices below the national average. DSCR loans can help individuals invest in real estate in this growing market with ease.

Main Attractions:

Carrollton, Alabama is known for its historic downtown area, antique shops, and outdoor recreational activities. From the Aliceville Museum to Pickens County Courthouse, there is no shortage of charm in this quaint town.

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