DSCR up to 8 units in Centre, AL

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

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

Investment Opportunities in Centre, AL

DSCR Loan Benefits in Centre, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits in Centre, Alabama. These loans provide borrowers with a low-cost financing option, helping them secure funds for real estate investments while ensuring manageable repayment terms.

In terms of demographics, Centre, Alabama, is a charming city with a population that values community and traditional southern hospitality. The city boasts a diverse mix of residents, including young families, professionals, and retirees, creating a vibrant and inclusive community.

When it comes to the housing market, Centre offers affordable real estate options compared to neighboring cities. The market is stable, with steady appreciation rates, making it an attractive location for both homebuyers and investors looking to capitalize on the area's growth potential.

Main attractions in Centre, Alabama, include the serene Weiss Lake, popular for fishing and water sports, as well as the scenic Cherokee Rock Village, known for its breathtaking views and hiking trails. Additionally, the city hosts various events and festivals throughout the year, showcasing its rich culture and history.

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