DSCR up to 8 units in Coffeeville, AL

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

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

Investment Opportunities in Coffeeville, AL

Benefits of DSCR Loan in Coffeeville, Alabama

DSCR loans offer low-interest rates and longer repayment terms, making them ideal for commercial real estate investments in Coffeeville. These loans consider the property's income potential rather than the borrower's credit score, providing opportunities for investors with varying credit profiles.

Coffeeville, Alabama, is a picturesque town with a population of approximately 350 residents. The town boasts a close-knit community, low crime rates, and affordable living costs, making it an attractive location for those seeking a peaceful lifestyle in a rural setting.

The housing market in Coffeeville offers a range of options, from historic Southern homes to modern developments. With median home prices below the national average, prospective buyers can find affordable housing options that suit their preferences and budgets.

Main attractions in Coffeeville include the Coffeeville Lake, a popular spot for fishing and water sports, and the Coffeeville Historical Society Museum, which showcases the town's rich history. Residents and visitors can also enjoy outdoor activities at the nearby Choctaw National Wildlife Refuge.

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