DSCR up to 8 units in Clopton, AL

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

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

Investment Opportunities in Clopton, AL

Benefits of DSCR Loans in Clopton, Alabama

DSCR (Debt Service Coverage Ratio) loans are beneficial for investors in Clopton, Alabama as they offer financing based on the property's income rather than the borrower's credit score.

Located in Dale County, Clopton has a population of approximately 1500 residents. The median household income here is above the national average, making it an attractive area for real estate investment.

The housing market in Clopton is stable with a mix of single-family homes and rental properties. The demand for housing is steady, providing a good opportunity for property investors to generate rental income.

Main attractions in Clopton include the picturesque Clopton Bridge which offers stunning views of the Choctawhatchee River. Outdoor enthusiasts can enjoy activities such as hiking, fishing, and camping in the nearby recreational areas.

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