DSCR up to 8 units in Cottonwood, AL

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

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

Investment Opportunities in Cottonwood, AL

Benefits of DSCR Loan in Cottonwood, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer numerous advantages for borrowers in Cottonwood, Alabama. These loans provide more flexibility in terms of income requirements and can help borrowers secure financing for investment properties or commercial real estate.

Demographically, Cottonwood boasts a diverse population with a close-knit community feel. The town has a mix of families and retirees, creating a unique blend of traditions and modernity. The cost of living in Cottonwood is relatively low compared to nearby cities, making it an attractive option for those looking to live a comfortable lifestyle.

In terms of the housing market, Cottonwood offers a range of options from historic homes to newly constructed properties. The market has seen steady growth in recent years, with a mix of affordable and upscale housing options. DSCR loans can help individuals looking to invest in the Cottonwood housing market access financing with favorable terms.

Some of the main attractions in Cottonwood include scenic parks, local boutiques, and community events. Residents can enjoy outdoor activities like hiking and fishing in the beautiful surroundings of Cottonwood. The town's rich history and vibrant culture make it a charming place to call home.

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