DSCR up to 8 units in Chancellor, AL

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

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

Investment Opportunities in Chancellor, AL

Benefits of DSCR Loan in Chancellor, Alabama

A Debt-Service Coverage Ratio (DSCR) loan offers numerous advantages in Chancellor, Alabama. One of the primary benefits is that it helps investors secure financing for real estate investments without solely relying on personal income.

Demographics in Chancellor, Alabama reveal a diverse population with a mix of young families and retirees. The community boasts a strong sense of unity and is known for its friendly and welcoming atmosphere.

The housing market in Chancellor, Alabama is experiencing steady growth, making it an attractive location for both homebuyers and real estate investors. The market offers a variety of housing options, ranging from affordable starter homes to luxury estates.

Chancellor, Alabama is home to a range of main attractions, including beautiful parks, local eateries, and cultural events. Residents and visitors alike enjoy the serene natural surroundings and the sense of community that Chancellor offers.

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