DSCR up to 8 units in Cecil, AL

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

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

Investment Opportunities in Cecil, AL

Benefits of DSCR Loan in Cecil, Alabama

DSCR loans offer numerous benefits for borrowers in Cecil, Alabama. These loans are designed to help real estate investors or businesses access financing based on the property's income potential rather than personal income. This allows borrowers to secure larger loan amounts while maintaining financial flexibility.

Demographically, Cecil, Alabama, is a small yet growing community with a population that values a close-knit, supportive environment. The area boasts a diverse population, including young families attracted to the excellent school systems and professionals seeking a peaceful suburban lifestyle.

In terms of the housing market, Cecil, Alabama, offers a range of options from cozy single-family homes to spacious estates. The market is known for its stability and consistent appreciation rates, making it an attractive investment opportunity for those considering DSCR loans to finance their property acquisitions.

Some of the main attractions in Cecil include the beautiful Cecil Field Golf Club, perfect for golf enthusiasts looking to unwind, and the serene Cecil Community Park, ideal for family outings and enjoying the outdoors. Additionally, the proximity to Montgomery provides residents with easy access to city amenities while still enjoying a peaceful suburban setting.

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