DSCR up to 8 units in Chapman, AL

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

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

Investment Opportunities in Chapman, AL

Benefits of a DSCR Loan in Chapman, Alabama

DSCR loans in Chapman, Alabama offer numerous benefits for borrowers. These loans are ideal for real estate investors and property owners as they consider the property's income-generating potential rather than personal credit scores.

Demographically, Chapman, Alabama, is a small town with a population of around 1,000 residents. The majority of the population is comprised of families and retirees looking for a peaceful and close-knit community to call home.

In terms of the housing market, Chapman, Alabama, offers affordable real estate options compared to nearby cities. The market is stable, with a mix of single-family homes and rental properties, making it attractive for both investors and homeowners.

Chapman, Alabama, boasts several main attractions, including beautiful parks, historical sites, and local restaurants serving Southern cuisine. Visitors and residents can enjoy outdoor activities and explore the town's rich cultural heritage.

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