DSCR up to 8 units in Clio, AL

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

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

Investment Opportunities in Clio, AL

Benefits of DSCR Loan in Clio, Alabama

DSCR loans in Clio, Alabama offer significant benefits to borrowers. These loans are ideal for investors as they primarily consider rental income to determine eligibility, making them accessible even with lower personal income levels. Additionally, DSCR loans often have competitive interest rates and longer repayment terms, providing flexibility for investors looking to finance rental properties.

Demographics

Clio, Alabama, is a charming town with a population of approximately [population figure]. The community is known for its [mention any unique demographics, such as age distribution, income levels, etc.]. Residents of Clio enjoy a close-knit community with a strong sense of pride in their town.

Housing Market

The housing market in Clio presents promising opportunities for investors. With a growing demand for rental properties, especially in [mention specific neighborhoods or areas], investors can benefit from steady rental income and potential property appreciation. The market is relatively stable, offering a favorable environment for long-term investment.

Main Attractions

Clio boasts several main attractions that draw visitors and residents alike. From [mention specific attractions like parks, historical sites, cultural events, etc.], there is something for everyone in Clio. The town's vibrant community events and local businesses contribute to its unique charm and appeal.

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