DSCR up to 8 units in Catherine, AL

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

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

Investment Opportunities in Catherine, AL

Benefits of DSCR Loan in Catherine, Alabama

DSCR (Debt-Service Coverage Ratio) loans provide various advantages for residents in Catherine, Alabama. These loans are ideal for real estate investors as they consider income-producing properties' cash flow rather than personal credit scores, making them more accessible.

Demographically, Catherine is a charming town with a population of around 2,500. The community is diverse, composed of young professionals, families, and retirees. Catherine boasts a low crime rate, excellent schools, and a strong sense of community.

The housing market in Catherine is stable and growing. With a median home value below the national average, it presents affordable opportunities for first-time homebuyers and real estate investors alike. The market is competitive but not overheated, offering a balanced environment for buyers and sellers.

Catherine, Alabama, is known for its natural beauty and outdoor recreational activities. The town is situated near picturesque hiking trails, fishing spots, and parks, making it a haven for nature lovers. Additionally, Catherine's charming downtown area features local shops, restaurants, and cultural attractions that appeal to residents and visitors alike.

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