DSCR up to 8 units in Coker, AL

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

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

Investment Opportunities in Coker, AL

DSCR Loan Benefits in Coker, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several benefits, especially in the real estate market of Coker, Alabama. These loans provide lower interest rates, longer repayment terms, and higher loan amounts compared to traditional mortgages. Borrowers can benefit from increased cash flow, reduced financial risk, and easier qualification requirements.

Demographics

Coker, Alabama, is a small town with a population of approximately X residents. The community is known for its tight-knit atmosphere and family-friendly environment. The majority of residents are employed in industries such as agriculture, education, and healthcare.

Housing Market

The housing market in Coker, Alabama, offers a mix of single-family homes, townhouses, and apartments. The average home price is $X, making it an affordable option for first-time buyers and families. With the help of DSCR loans, potential homeowners can secure financing for their dream home with favorable terms.

Main Attractions

Coker, Alabama, boasts several main attractions for residents and visitors alike. The town is home to beautiful parks, historical sites, and recreational facilities. Residents can enjoy a peaceful lifestyle while having access to amenities such as shopping centers, restaurants, and schools.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now